KraftHeinz Procurement Bends to 3G Capital’s Policies: How’s it Working Out for You?

NC State SCRC

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. In its earnings release , Kraft Heinz said it received a subpoena last October related to its “accounting policies, procedures, and internal controls related to its procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to its agreements with its vendors.”.

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.

March 8, 2019 Edition of This Week in Supply Chain Management Technology

Supply Chain Matters

According to the announcement, when cargo is within two miles of a declared border, the cargo self-declares with documents that are electronically presented to customs officials including a live GPS fix on cargo updated for direction and speed of travel.

Streamline your Entire Distribution Centre or Warehouse at One Time!

Supply Chain Game Changer

The team took the opportunity to document the execution of this remarkable project with time lapsed video. Selected as one of the Top 75 Supply Chain blogs, and one of the Top 25 Procurement blogs, on the Internet. Subscribe Here! Email Address.

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

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. Blockchain technology ensures secure data exchange and a tamper-proof repository for this documentation.

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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.

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.

Technology and Your Healthcare Supply Chain, What’s on the Horizon?

AFFLINK

And nowhere is the disruption of emerging tech more obvious than in the procurement sector. Tons of costly paperwork can be replaced with shared PDF and Word documents. Documents that used to take up acres of warehouse space can be reduced to a single, secure server.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.

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WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

Greater control and efficiency in modern warehouse management rests on the reliability and accuracy of your inventory management processes. Warehouse Managers need to understand the challenges of cycle counting, how the right KPIs can help, and how to leverage WMS and cycle counting best practices to develop the best inventory management KPIs. Failure to track replenishment and procurement activities. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

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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.

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.

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

Cerasis

Depending on the scale of warehouses and use of technology, robotics may be employed to load or unload trucks. 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. Statistics on the industry-wide use of a transportation management system (TMS), like the Cerasis Rater, are lacking.

Job opening: Associate Director European Distribution at Astellas

Supply Chain Movement

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. Keywords: Distribution, Logistics, Pharma, Farma, Planning, Supply chain, Warehousing, Pharmaceutical distribution.

13 Amazing Logistics & Supply Chain Mobile Applications

EazyStock

EazyStock in a cloud-based inventory optimization tool that systematically reduces excess and obsolete stock levels (bad inventory) from your warehouse locations to reduce costs while increasing the availability of your faster turning more profitable items (healthy inventory).

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.

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus.

Data integrity is a real problem in the operating room

NC State SCRC

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.” Analytics Healthcare Supply Management Procure to Pay Supply chain analytics Supply Chain Management

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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.

The Top 6 Reasons to Have a Good Inbound Logistics Program

Cerasis

Thus, you can maximize and optimize your warehouse space while providing an undisrupted flow of products to your customers. Reduced Procurement Inconsistencies Enhance Administrative Efficiency. Meanwhile, this also reduces the amount of paperwork needed in paying vendors and managing shipment-related documents, including bills of lading. Updates may be made to the document, and the lack of control over vendor actions and shipping selection may continue to exist.

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. It systematically limits access from the warehouse locations to minimize cost while maximizing on the availability of highly profitable items. Most logistics prefer integrating the use of this app to automate procurement and replenish other processes to raise the profit margins.

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Achieving the Impossible Dream: Perfect Order Performance

Material Handling & Logistics

Four separate factors contribute to achieving a “perfect order”: the delivery must arrive complete, on-time, undamaged, and with proper documentation. In today’s instant-gratification world, consumers consider “almost right” completely wrong.

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.

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.

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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Successful TMS Implementations Begin 6 Months Before Project Kick-off

Talking Logistics

It begins with a strategy project that documents the current state process, information, and data flows. Accomplish this through good documentation, which should have started in the pre-implementation projects.

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

Supply Chain Game Changer

The first huge project I was part of at Dell was our transformation from paper documents in the computer boxes for businesses to what we called E-Docs for electronic documentation. Subscribe Here! Email Address.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Instead, merchandise ships directly from the supplier’s warehouse.”.

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.

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Supply Chain Education: What Skills Do Your Staff Need?

Logistics Bureau

Supply chain documentation. Functional Fundamentals: Members of SCLA get to learn about the fundamentals of management in every supply chain function, including purchasing, warehousing, and transportation. Topics include: Warehouse design and setup.

BrownFlynn and EcoVadis Launch First U.S. EcoVadis Supplier Training

EcoVadis

Providing the right type of supporting documentation for every question. BrownFlynn is EcoVadis’ first Official Consulting & Training Partner in the United States.

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

Cerasis

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. “ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking.

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Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

” Peter Smith adds, “We’ve probably come to a point where pretty much every sentient senior procurement person understands how important supplier and supply chain risk is — to us as professionals, to our organizations, even to the wider economy and society. As the British journalist Rose George documents in her book Ninety Percent of Everything , some 100,000 enormous freight ships transport 90 percent of the world’s trade.