10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper. 10 LTL Procurement Cost Cutting Tips. How do you better negotiate pricing with your LTL carriers for more effective LTL procurement?

Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. While digitalization has dramatically increased procurement performance over the last decade, the function is beginning to approach a plateau. “We’re way that procurement organizations are?organizing

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Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. New demands on Procurement. Procurement for resilience, not just cost.

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Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. New demands on Procurement. Procurement for resilience, not just cost.

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Procurement Fact File

Claritum

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement. source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). Outsourcing of non-core procurement activities.

Lessons from Leaders: Tools and Tactics that Drive Sustainable Procurement ROI

EcoVadis

Data from this year’s Sustainable Procurement Barometer shows there’s a clear ROI for moving along the sustainable procurement maturity curve. . Getting up and downstream partners to consistently and collaboratively improve performance across key sustainable procurement criteria is critical for not only getting sustainable procurement initiatives off the ground, but also driving real, long-term improvements. .

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Blockchain’s Coming to the Supply Chain - Eventually

Supply Chain Brain

Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes. Stream or download podcast here. Sourcing/Procurement/SRM All Technology EDI Communication (XML/EDI) Global Trade Management SC Planning & Optimization Supply Chain Visibility Quality & Metrics Supply Chain Security & Risk Mgmt.

What Blockchain Means to Supply Chain

Supply Chain Brain

Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes. Stream or download podcast here. Quality & Metrics Regulation and Compliance All Technology Big Data/IOT SC Finance & Revenue Mgmt. SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain VisibilityBlockchain technology was created to support transactions involving Bitcoin and other cryptocurrencies.

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WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

Failure to track replenishment and procurement activities. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper. As a result, Warehouse Managers may need to integrate picker performance metrics with this KPI. Metrics and KPIs Warehouse ManagementGreater control and efficiency in modern warehouse management rests on the reliability and accuracy of your inventory management processes.

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The Key to Successful Procurement Negotiations? Be Prepared!

Jaggaer

Supplier negotiation skills are essential for anyone working in procurement. Here are a few examples: Information on the supplier: company , subsidiaries , history, performance metrics, etc. . To assess whether your current tools and processes have what it takes to help you be on top of your game for your next negotiation , download our checklist , Negotiate Right ! The post The Key to Successful Procurement Negotiations?

How to Avoid the Pitfalls of Procurement SaaS Implementation

Jaggaer

Procurement departments are under pressure to transform their processes digitally. Download our free white paper, “ Why Agile Implementation Makes Sense for Procurement ”. This happens when procurement organizations attempt to digitally transform everything in one go. Yet many processes in procurement are rarely used or may even be outdated and in need of optimization. Or else the procurement team surfaces issues that weren’t foreseen at the planning stage.

Siemens BT: Every analytical transformation requires a “Jonah Hill”

NC State SCRC

This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. In addition, Carl assigned a person who could work on access databases, and began by combining procurement data for 5 divisions into a single database. “The We created a visualization platform to focus on internal operational, and customer-facing metrics, which is NOT part of R&D’s scope of work – so we not on your turf.”

Five Steps to Launch a Supplier Scorecard

Logility

Featured Download. Download. Short Registration - Multi Part - BLOG FEATURED DOWNLOAD. Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. 3 Get the metrics right. Supplier metrics should be captured about monthly. Building a new supplier scorecard program can have a major impact on the costs and value of your procurement and purchasing functions.

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Creating Sustainable Value: How to Avoid a “Compliance Trap”

EcoVadis

One of the biggest revelations in this year’s Sustainable Procurement Barometer : 66 percent of organizations cite regulatory compliance as a critically important aspect of their sustainable procurement programs. Compliance is inherent to business, but following these rules is just the first step in a sustainable procurement journey because this mindset doesn’t always address the root causes or risks that occur within supply chains.

Biobased Economy Continues to Grow: USDA Secretary Announces NC State-Duke Study Results on Monday

NC State SCRC

A full copy of the report can be downloaded here. The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents. Just like the report does as well… Biobased Products Corporate Social Responsibility Emerging Issues in Supply Chain Energy Supply Chain Food Supply Chains Procurement Sustainability Supply Chain Economics Supply Chain Management Sustainability

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The Top 10 Supply Chain Blog Posts from 2017

Cerasis

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. Download: The Impact of Big Data in the Supply Chain & Transportation Management Industry Webinar Replay, Transcript & Presentation. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Getting that “Swing” in Supply Chain Management

Talking Logistics

What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing. How do you successfully align goals, metrics, and resources across functional groups? Having leaders with cross-functional responsibility — such as having Manufacturing, Logistics, and Procurement report to a single executive — also helps to drive alignment.

Augmented Analytics Q/A

Jaggaer

What are the impact results using analytics in our procurement process? Mike opened the webinar with some slides about data visualization, which makes your metrics easier to understand at a glance and share with stakeholders. Autonomous Procurement

Moving Up The Corporate Ladder, Does Your Freight Spend Have A Seat At The Table?

4WL Consulting

The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.” There’s been a shift from executing daily freight transactions to integrating top-level corporate planning and procurement strategies.

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Building the Business Case for Supply Chain Risk Management

Cerasis

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. Download White Paper. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

Collaboration in supply chain management is key

Kinaxis

You can download the report here. So many times we’ve seen what were once excellent companies that focused on customer satisfaction and quality goods, fall prey to the siren call of “cut costs at the expense of all else” The problem with this approach is that if cost cutting is the only metric, you soon start making decisions that impact the quality of your product and the reliability of your supply chain.

Multichannel Fulfillment & Shipping: Considerations for Wholesale Distributors & OEMs in the Transition From Single Channel Shipping

Cerasis

Unfortunately, manufacturers and OEMs may lack the infrastructure necessary to facilitate such changes, and resellers face challenges in optimizing procurement for the world of e-commerce. Download White Paper. Align metrics and incentives with unique e-commerce goals. E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping.

Top 15 Logistics Blog Posts of 2014

Cerasis

Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety. Download the Webinar Replay. Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements.

WMS Cybersecurity: Top 7 Reasons to Think of Security During Implementation

Veridian Solutions

Constructive metrics. Constructive metrics within the system ensure everyone maintains the proper processes and uses the system correctly, reducing risk along the way. Since warehouse and logistics make up a vital intersection of modern supply chain management, cybersecurity risks may exist within the systems of your transportation network or procurement and vendor-selected systems. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

S&OP: Five Steps to Get Started

Supply Chain Shaman

For most companies, greater economy of scale is possible through the global management of procurement and transportation and local management of sales, manufacturing and customer service. We discussed the Supply Chain Metrics That Matter research and the fact that a balanced portfolio of metrics drives a higher market capitalization than a focus on functional metrics or single metrics. It is Sunday. Today, I assume a familiar position.

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Top 10 Manufacturing Trends For 2019

IQMS

A copy of the survey results are downloadable here (PDF, free, opt-in). Many manufacturing supply chains will evolve into intelligent networks with real-time track-and-trace, legacy systems integration and greater delivery accuracy and quality metrics than ever before. IIoT holds the potential to normalize the diverse data structures that slow down greater device- and plant-level analysis of key performance metrics.

What is the return on ERP implementation? Results from our research

Supply Chain View from the Field

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., ERP systems are designed to integrate transactions from finance, human resources, procurement, operations, sales and marketing, logistics, and other functions in a firm. procurement activities. Please go to the IJOPM website to download the article if you’d like more details!

What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper. Depending on the vendor, cloud-based systems offer the functionality to replace an entire suite of applications and streamline warehouse and supply chain management, from procurement through final delivery.

Where Is the ROI in a WMS Implementation?

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper. Refinement of procurement strategies. Assessing the return on investment (ROI) of a warehouse management system (WMS) implementation is an essential step in building the business case for investment. According to Chris Barnes , solution consultant for the Accellos platform, Warehouse Managers face many challenges in understanding the ROI in a WMS implementation.

This Week in Logistics News (February 18-22, 2013)

Talking Logistics

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. The Navisphere customer app can be downloaded for free at the Apple App Store on iTunes , Google Play and Amazon Marketplace.

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What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper. Depending on the vendor, cloud-based systems offer the functionality to replace an entire suite of applications and streamline warehouse and supply chain management, from procurement through final delivery.

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

6 River Systems

There are so many potential issues that can impact a supply chain to cause delays (such as fluctuating availability of raw materials, hold-ups in customs, adverse weather, staffing problems, political issues, procurement problems, changes in legislation and so on) that being able to realistically foresee and safeguard against each of them will only ever be partially successful, and it takes up a lot of resources. Metrics such as Perfect Order Rate tell businesses a lot.

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

Few implementations of planning connect to procurement and transportation. Download the Straight Talk with Supply Chain Insights app on your iPhone to listen to the testimonials of this year’s Supply Chain to Admire winners on your phone as you travel. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is writing her third book, Leadership Matters. On Sunday, I spent the day at the Barnes Foundation with an old friend Karen.

Like A Green Lump of Clay….

Supply Chain Shaman

To see the what I built, check it out on SlideShare or view/download it in the SCI Community ). 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. Q: What is the best metric to begin analyzing when starting to evaluate Supply Chain agility? My iphone buzzed on my nightstand. I groaned.

Scottish Councils Deliver Streamlined Contract and Supplier Management

Jaggaer

“The automation has streamlined the Council’s contract management and supplier performance processes and as such we feel that this has increased our business efficiency and improved internal and third-party collaboration by reducing operating expenses.” – Tommy Burns, Procurement Project Officer – East Ayrshire Council. To read the full case study, plus more on public sector procurement, get the white paper, GOING DIGITAL IN PUBLIC SECTOR PROCUREMENT. Download it now.