Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

Cerasis

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner. Procurement

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents.

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

Cerasis

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.

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The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

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.

How to Successfully Implement a Transportation Management System

Talking Logistics

The cost saving and service improvement benefits of a transportation management system (TMS) are well documented. Geoff says you still have to do the requirements document and set priorities, but it’s important to get the right people involved. He recommends including those you interact with in daily operations such as manufacturing, warehousing, distribution, procurement, and finance.

The Top 10 Transportation Management Systems

The Logistics of Logistics

The Top 10 Transportation Management Systems. Each year as businesses of every size and industry fight to broaden market share the same old questions haunt the boardrooms, “How can we reduce transportation costs? The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Transportation Management Systems. JDA Transportation Manager.

Understanding Your Sourcing Footprint is the Key to Procurement Analytics

Supply Chain View from the Field

A TCO analysis revealed that interior design consultants were directing the spend with suppliers, but that the cost driver for art was the cost of framing and transportation and installation, not the value of the painting or graphic itself. Often this is documented into a supplier scorecards, and over the procure to pay cycle, invoices and payments occur, which are folded into the on-going spend analysis. Procure to Pay Strategic Sourcing Supply chain analytics

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

What are the biggest concerns in times of claims, injury, and documentation of claims? A load confirmation sheet will provide documentation that we are outside of the contract! Our prior post discussed the benefits and challenges of visibility in logistics. But WAIT!

The Challenges & Steps in Procuring a Full Truckload as a Shipper

Cerasis

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. In reality, procuring a full truckload as a small or mid-sized shipper comes with unique challenges. What about payment processing and documentation? Full Truckload Procurement

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.

Transport Topics Interview Subjects Get it wrong on Cloud Logistics

Supply Chain Collaborator

A recent article by Transport Topics’ Seth Clevenger inadvertently underscores the extent to which many transportation departments are way behind the times when it comes to the use of technologies for supply chain logistics management.

The Importance of Change Management to a Successful Transportation Management Outsource

CH Robinson Transportfolio

We’re sharing his original post here because transportation management is always a relevant topic. Please share your thoughts and read the blog post, The Importance of Change Management to a Successful Transportation Management Outsource.

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

5 Ways a TMS Can Help You “Go Green”

Talking Logistics

One of the easiest ways to get started is by investing in a Transportation Management System (TMS). Transportation optimization is another option offered by some TMS providers.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

A simple example is that of a cold chain using blockchain within the supply chain to hold a transport node accountable for mishandling: Tracking provenance, traceability, and historical procurement for materials, assets, and products as they move downstream to retailer with blockchain finality. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance. Blockchain Omnichannel Supply Chain Transportation Management

Insights for Procuring a TMS in a Large Company

TMC

Insights for Procuring a TMS in a Large Company. Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Business Intelligence TMS Technology Procurement

Successful TMS Implementations Begin 6 Months Before Project Kick-off

Talking Logistics

Why do transportation management systems (TMS) implementations get off track? First, let’s define TMS – this is the software used to manage purchased transportation. It begins with a strategy project that documents the current state process, information, and data flows.

How One Major Metropolitan School District is Driving Efficiency in Procurement

EC Sourcing Group

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.

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InSight, InControl: Real-time position and quality monitoring for production material transports

SupplyOn

By combining real-time asset tracking and condition monitoring of production material during transport, you can initiate appropriate countermeasures to keep your production running long before goods receipt. But generally speaking, not even the shipping agent transporting the production material to the nearest port has this information. This is even more true if the transport is intermodal, i.e. where land, air and sea freight are combined.

Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

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.

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

DynaSys

If the supply chain processes are not connected from the beginning to the end of the entire procurement, manufacturing and distribution processes, or “field to fork”, you will have a bumpy road. Transportation Vessels – Trucks, ships, rail cars, tankers, etc.

Insights for Procuring a TMS in a Large Company

TMC

Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Having a centralized corporate procurement function already in place is valuable.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

They are the percentage of orders delivered to the right place, at the right time, in the proper condition, in the right package, with the right documentation, to the right customer, with the correct invoice and in the correct quantity. Subscribe Here! Email Address.

Five Keys to Cold Chain Success with Tyler Hildebrand

The Logistics of Logistics

I’m Tyler Hildebrand and I am an account executive at Reliable Transportation Solutions in Cincinnati, OH. As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. WMS, TMS, documentation.

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Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Retail Trends Supply Chain & Logistics Trends Supply Chain Technology Trends Transportation Management drop shipping EDI Enspire Commerce RevCascade supply chain operating network trading partner connectivity

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

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.”

Insights for Procuring a TMS in a Large Company

TMC

Investing in a transportation management system (TMS) can be more complicated for large organizations that have to reconcile the needs of multiple business units in different geographies. Having a centralized corporate procurement function already in place is valuable. But, to be most effective, the team must have transportation expertise and its buying practices should be aligned with the company’s culture as well as the demands of its freight network.

Twitter Insights from GT Nexus Bridges 2015 Conference

Talking Logistics

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.

Insights from MercuryGate User Conference 2014

Talking Logistics

What do you get when you bring together shippers, logistics service providers, and a transportation management system (TMS) vendor in New Orleans? How can a transportation management system (TMS) help companies find and secure truckload capacity in a capacity-constrained environment? For additional insights on this topic, watch my recent interview with Hope on Talking Logistics, and my follow-up post, Finding Truckload Capacity: Insights on Managing the Spot Procurement Process.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Infor Aligns With MercuryGate To Strengthen Transportation Management. Oracle Introduces New Cloud Solutions for Transportation and Global Trade Management. Are you attending the CSCMP Annual Global Conference next week? If so, let’s connect.

9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL

Cerasis

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. The next step in procurement is then managing vendors and keeping service providers accountable for continued improvement.

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Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

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.

Visibility: If Only I Could See

Supply Chain Shaman

This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. My phone rang.

Blockchain for the Supply Chain: Reality vs. Hype

Supply Chain Brain

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.

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking. Such software is essential for maintaining documentation for customs, including the importer and exporter of record (IOR & EOR), documenting freight spend, and analyzing overall logistics operations.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

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. Blockchain technology has already been used in the process of capturing and documenting shareholder votes, reports CNBC, and the same concept can be applied when executing SLAs. appeared first on Transportation Management Company | Cerasis.