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Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Supply chain and logistics consultant, educator, and podcast host Rob O’Byrne has over 40 years of supply chain experience. Since then I’ve been in education and consulting. Because one of the major costs in a business, if you take in procurement and cost of goods, is supply chain.

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. Listen to analysts/economists and educate yourself.

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Sourcing Cost and Time Savings for America’s Brightest Orange

Jaggaer

“We have captured many benefits thanks to the decision we took to extend our JAGGAER implementation to include sourcing. And not least, double-digit cost savings on our electronic sourcing bid events.”. Scott Schlotthauer Chief Procurement Officer Oklahoma State University.

Sales Can Use RACI Charts to Understand Procurement… and vice versa!

NC State SCRC

Although RACI “charts” are often viewed as irrelevant and bureaucratic, they can provide an important clue regarding the “decision-rights” for procurement and contracting decisions. An important foundational issue for sales personnel to understand is the relative level of procurement maturity within the organization, and the extent to which the organization has developed a category management structure. Do they have a formal strategic sourcing program?

Looking For a Job? Here’s The Top 10 Transportation Jobs

Cerasis

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Getting into transportation is a different topic entirely, one that demands a separate, more intricate look. Transportation Manager. Transportation Director. Transportation

How Locally Grown Products are Disrupting F&B Manufacturing

QAD

It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. The “locally grown” movement has been fueled by the perception that locally grown, produced and sourced foods contain many benefits. It’s important to read up on individual food and beverage products and educate yourself on where exactly they’re being sourced. Better for the environment due to reduced transportation costs and distances.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago.

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Blockchain Comes to the Freight Industry

Supply Chain Brain

Just look at some of the names that have joined the Blockchain in Transportation Alliance (BiTA) since the group’s formation last August: FedEx , BNSF Railway , C.H. If you can convince a bunch of transportation neophytes who know nothing about freight that a [crypto] coin can become the currency of the industry, then you can raise whatever,” he says. Global Trade Management Sourcing/Procurement/SRM SC Planning & Optimization Home Page Latest News Home Page Slider

Supply Chain Basics with Jason Miller

The Logistics of Logistics

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Sourcing. Transportation. Supply Chain Basics with Jason Miller.

Artificial Intelligence is Driving Real Supply Chain Improvement

Logistics Bureau

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. When the TMS tech-stack includes a layer of artificial intelligence, shippers and 3PLs can gather and use an even broader array of data about transportation performance. Transport Warehouse

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

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. According to World Bank report, efficient logistics refer to transport, storage and conveyance of products to the ultimate consumers from the companies at minimal costs. Green logistics has a significant role in the trade process, transport and deliver the goods.

Should We Celebrate this Marriage?

Supply Chain Shaman

I consider her the best in the biz for transportation management consulting. Ellen’s was to design and execute the transportation planning logic. in to transportation management to drive routing information and booking optimization). How Do We Connect Supply Chain Planning Architectures to Transportation Planning? Examples include alternate sourcing, bill of material changes or alternate modes/routing between the planning, procurement and transportation.)

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Education. 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. About Us. Contact Us.

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Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation.

The Supply Chain Gender Pay Gap is Narrowing!

Supply Chain Game Changer

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers.

Third Party Logistics Company

LeanCor

Since a third party logistics company’s focus is on supply chain management, their business is devoted to managing the inventory, transportation, and distribution of your product. An external agency reduces costs across the board, such as transportation costs, inventory management and maintenance costs, procurement costs, materials management costs, and warehousing costs.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management.

Show Me the Money: MH&L’s 2018 Salary Survey

Material Handling and Logistics

corporate/executive manager with a transportation/warehousing company with 36-40 years of experience, living in the North Central region and earning $137,000. “My purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Robinson and the MIT Center for Transportation and Logistics. This sustainability effort has carried innovation and implementation costs which have been gradually offset with procurement and operational savings. With the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted, but no metrics are dealing with in-transit shipping damage.

Experts Choice Of Top Online Logistics Resources

Freightos

So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Transport Intelligence, the well-respected U.K. is one of the industry’s most respected logistics sources. Transport Topics. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking.

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. This is invariably down to not sufficiently involving and educating the right people. Start by involving and educating the board and work your way down the rest of the company. Work with your broker to see if you can get priority on unloading the ship and inland transport.

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Top 25 Supply Chains of 2018

Material Handling and Logistics

Source ID. Source ID. Source ID. Source ID. In particular, the company has been criticized for its long-time practice of using local water sources for its products. Source ID. over the past dozen years thanks to a reduction in its energy consumption and an adoption of alternative and renewable energy sources. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID. Source ID.

Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

Cerasis

Educate your leadership to ask the right questions, gather necessary information, make decisions, and take appropriate corrective action. Warehouse cost savings, like transportation costs savings, goes straight to the bottom line. Twitter Google+ LinkedIn The post Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives appeared first on Transportation Management Company | Cerasis.

Improving Supply Chain Resilience

Enterra Insights

Procurement expert Kelly Barner notes, “Supply chain managers know full well just how reliant their company is on the performance of third parties. Even if you’ve optimized your supply chain, uncertainty can cause issues when sourcing raw materials, goods and services, which could ultimately impact on your business, customers, revenue and reputation.”[3] Transportation and distribution risks (such as lack of infrastructure or capacity).

Does Your Business Suffer From any of These Five Profit-Killing Confusions

EFT

In my view, if product portfolio was simplified, back to perhaps 3 ranges of premier, mid-level and budget level, the company would be in much better position to actually educate the customers of the differences between these products and then help them pick whichever product suited their needs best. Image: Column 3PL/Logistics Freight Transport General Supply Chain Technology/IT Vivek Sood Features & Opinion There is no doubt that confusion results in loss of action.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

This capability in turn requires older generations of managers, often labeled “subject matter experts” who are willing to serve as key informants to educate these younger folk, and who are willing to transcend typical functional barriers between sales, operations, and procurement, to offer insights into the right solutions to different types of business problems.

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. Mock has nearly a decade of operational transportation experience.

Quantum Leap to the Top 10 Supply Chain Skills of the Future!

Supply Chain Game Changer

Supply Chain employees must have a working knowledge of any one or all of Planning, Procurement, Category/Commodity Management, Supplier Relationships, Logistics, Sourcing, Quality Management, Warehousing, Inventory Management or anything else Supply Chain related. And certainly investment will be required to educate people and implement these technologies. Subscribe Here! Email Address. Check out The 5 Big Benefits of the Digital Supply Chain!

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Dr. Scott Newton @TeleTracking Dr. Scott Newton, Director of Product Management for TeleTracking , has more than 30 years of experience in healthcare, working as an EMT, a nurse, an educator, and a patient flow command center leader. The financial supply chain presents an opportunity to deliver beyond process efficiency and cost savings by allowing companies to tap into new sources of revenue and profit streams. Who should we source and procure from and in what quantity?

Easier than reducing carbon footprint – 5 Steps to make a dent in the Huge and Hidden Cost of CPG Sustainability

Cerasis

LTL gets even trickier according to a report by the MIT Center for Transportation and Logistics. . This sustainability effort has carried innovation and implementation costs which have been gradually offset with procurement and operational savings. with the production of quality products creating less waste, the ‘scorecards’ for source reduction targets are met, provided to mass retailers and promoted but there are no metrics dealing with in-transit shipping damage.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” Also, globalization presents another hydra-headed challenge for your procurement network. It’s just as important to supplement with internships and people who are always looking to enter the industry so that you constantly have people coming in that are educated and motivated.

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

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. This requires continue education.

What is 4PL and 5PL? – Everything a Wholesaler Should Know

EMERGE App

In the past 10 years, he made a big bet on making educational toys and learning devices. This is where a company does not outsource transport and logistics services to a third party. It may also involve leasing or buying a fleet of motorbikes, vans and trucks for transportation. He would need to establish departments and hire staff to perform, for example, material handling, warehousing, transportation, packaging, and inventory. Introduction.

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Supply Chain Management:Utility of iPads on Shop Floor

Infosys Supply Chain Management

Education. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In order to compete in todays environment, companies have realized the importance to shrink manufacturing and transportation lead times through effective planning and logistics management which is possible only through integrated systems. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).