Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. Meanwhile, waste is rampant in the freight industry.

Supply Chain Planning Software 307

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Freightos

AUGUST 10, 2024

AI Popup #3) AI Popup #3 August 10, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 268

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

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Supply Chain Game Changer

JUNE 21, 2025

Supply chain excellence enables startups to scale efficiently , reduce costs, provide fantastic customer experiences, and withstand market turbulence. Smart contracts – Blockchain-based smart contracts increase procurement efficiency and transparency. See Amazon buying Kiva Systems.

Optimal Sourcing 59

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. The brand owner has its plant halal certified and is buying its ingredients from suppliers with the right halal certificates. distributor, retailer) and suppliers (e.g.: Green Skies?

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Freightos

NOVEMBER 11, 2021

Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight. More on Maersk’s transition to an end-to-end provider can be found in this 2020 report.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Expense Reduction 177

Supply Chain Shaman

OCTOBER 7, 2012

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: You mention that Executive Buy-in is the biggest stumbling block. Tips on Executing Agility Well.

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Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

The Logistics & Supply Chain Management Society

APRIL 26, 2022

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Freightos

JULY 31, 2024

AI Popup #3) AI Popup #3 Charles Marrale July 31, 2024 Dive deeper into freight data that matters Learn More For anyone who has played around with ChatGPT or Midjourney, it’s now clear that AI has the potential to be an incredible tool for enhancing efficiency and productivity.

Logistics Network Optimization Software 177

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Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 155

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Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. In-bound freight delivery efficiency can be optimised by consolidating in-distribution hubs and reducing stock levels at country level.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Supply Chain Game Changer

NOVEMBER 26, 2020

Do You Have Hidden Freight Costs? Freight Budget article and permission to publish here provided by Adam Robinson at Freightwaves. Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. Where Freight Managers Go Wrong with the Budget. Subscribe Here!

Freight 81

Freight Expense Reduction Cost Reduction Strategies Scenario Planning 81

Freightos

MAY 31, 2022

This is an exciting milestone that accelerates our vision of a digital platform that modernizes international freight and improves global trade. I can walk into a local shop and purchase products from all around the globe. First, some background. I started Freightos a decade ago, in 2012. Really important. Why go public via a SPAC?

Purchasing Skills 156

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o9 Solutions

JUNE 9, 2025

Adnan Shahid, Vice President of Supply Chain Planning and Procurement, and Gerhard Mühlhans, Vice President and Head of the Supply Chain Center of Excellence, described the organization’s shift from legacy processes, where 79 planners operated independently using spreadsheets, to a centralized, digital platform.

Manufacturing Procurement 52

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Supply Chain Shaman

DECEMBER 13, 2015

Today, 7% of order and purchase order flows move through business networks. Lora thinks that we are never too old to learn or to push for excellence. We can connect through EDI, but a document has latency and limitations for unstructured data. For access to the report on business networks reference this r eport.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. Further “consumerization” of business IT.

Predictive Analytics Software 260

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Supply Chain Shaman

SEPTEMBER 3, 2015

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Shipsta

JUNE 10, 2021

If you’re still relying on email and excel to request your spot freight, now’s the time to make the leap and go digital.

Freight 52

Freight Eliminating Excel in Purchasing Procurement Supply Chain 52

SCMDOJO

MARCH 27, 2024

It is also a means to maintain a competitive edge and operational excellence. It encompasses a wide range of features from freight forwarding to brokerage. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Hence, it offers an accessible and streamlined procurement solution.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Procurement Solutions 98

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support. Improved performance.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. It ensures products and materials are procured and delivered to the warehouse in a cost-effective, timely way. Reducing overall freight costs. Preventing stock expiry. Economic Order Quantity ?(2

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Kinaxis

JUNE 24, 2015

I remember starting in supply chain many years ago in procurement, negotiating pricing and managing suppliers. At the beginning, about a month after I had placed a large purchase order I was approached by accounting. It turns out that the supplier didn’t acknowledge the price and invoiced differently than the purchase order.

Supply Chain Planning Software 100

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The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. He is the author of ‘Halal business management: a guide to achieving halal excellence’.

Risk Management 130

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Supply Chain Game Changer

FEBRUARY 12, 2020

One of the services that was very compelling was our Freight Management service. We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). The Freight Management service and the TMS capability were compelling.

Transportation Management 93

Transportation Management Optimization Software Negotiating Skills Transportation 93

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Game Changer

JUNE 25, 2019

Here at Supply Chain Game Changer our fundamental mission has been to share experiences and expertise in the areas of Supply Chain, Logistics, Distribution, Procurement, Business, Human Resources and more. Hey Procurement! Procurement is a critically important function in virtually every company. Hey Procurement!

Purchasing Skills 59

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Freightos

AUGUST 26, 2015

So much so that it is split into seven topics – aircrafts, airports, capacity and demand, carriers, freight trends, traffic and viewpoints. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking. Ocean freight is split into 14! @ACWmagazine.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Fallacy 5: Companies who have functional excellence will always win. Why This Might Be a Fallacy: According to Banker, if you rely on excellence in any particular function’s KPIs, you risk hurting another function and the overall business.

Manufacturing Procurement 63

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Unleashed

DECEMBER 2, 2020

Calculating the reorder point in Excel. To calculate the reorder point in Excel, set up a table as in the image above, and use the formula =SUM(F2+G2) where Column F is your Safety Stock figure and Column G is your Lead Time Demand. Calculating the reorder point in Excel – a caveat. You purchase in batches. Go digital.

Procurement Analytics 85

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6 River Systems

JULY 25, 2019

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

Supply Chain Planning Software 96

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Supply Chain Game Changer

DECEMBER 1, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. But why do passive candidates seek out new jobs, particularly in Supply Chain and Procurement? Supply Chain and Procurement technology is becoming more digital, just like the rest of the economy. Email Address. They’re Siloed.

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SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

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The Logistics & Supply Chain Management Society

JUNE 30, 2022

I had the opportunity to work with several excellent organisations, most notably, nearly 20 years with Ceva (including EGL or Eagle Global Logistcis) and now TVS SCS. We organically manage TVS “Centres of Excellence” where we centralise processes and work that does not need to happen in our branch offices.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Organise collection and shipment of freight.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

Freight Plus

OCTOBER 25, 2019

It’s indicative of a soft freight market, a drop in industrial production, and lower world oil prices. Russ Aborn: It could be that they are culling the freight that is not as profitable as they’d like. Based on what we’ve seen, they certainly are not pricing new freight aggressively to secure new business. All excellent points.

Negotiating Skills 40

Negotiating Skills Purchasing Skills Eliminating Excel in Purchasing Manufacturing Procurement 40