Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

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Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Now I was naive when I wrote the reports at AMR. Mistake #3.

S&OP 195

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Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 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. Some distributors and logistics might be halal certified; most are not. Developments.

Pharmaceutical 237

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SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

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The Logistics & Supply Chain Management Society

JULY 16, 2023

This results in incorrect actions and communication The service industry, like logistics service providers, distributors and retailers are not well prepared for halal issue and crisis management, endangering the effectiveness of halal risk mitigation measures by the brand owner.

Risk Management 130

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GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Listen to your people.

Cost Reduction Strategies 120

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SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

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Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. This isn’t just about purchasing power.

Price Reduction 177

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Proxima

JULY 27, 2023

So, what does the report tell us? Whilst others will focus on whether the size and shape of the Armed Forces are right, here, we will focus on UK defence procurement and some of the necessary shifts in commercial and procurement strategies.

Analysis 52

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Freightos

AUGUST 26, 2015

The Experts’ Choice of the Top Online Logistics Resources. 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. Experts’ Choice: Supply Chain and Logistics Email Newsletters.

Resource Reduction 120

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Supply Chain Shaman

AUGUST 12, 2020

The topic of the meeting was the logistics to launch of the AMR Research Top 25. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. . During the presentation, I squirmed uncomfortably in my seat.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Enterra Insights

SEPTEMBER 29, 2021

The pandemic changed everything and reports (mostly bad) about supply chain operations and challenges are now liberally scattered amongst other news stories. Wong and Steinberg report, “Change in consumer demand is accelerating. ” The Changing Supply Chain Environment. They are: First, consumer demand is changing.

Supply Chain Planning Software 130

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Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. According to a report from The Balance Small Businesses , “by 2018, [Amazon’s] revenue reached almost $233 billion.

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Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

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ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

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Unleashed

AUGUST 29, 2023

How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

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Supply Chain Shaman

NOVEMBER 6, 2016

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. 2) Build a Planning Career Path.

Supply Chain Planning Software 150

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Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

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Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Meanwhile, outsourced logistics can help reduce your overhead costs by reducing the need for your company to own facilities and equipment, which can be expensive to maintain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020).

Procurement Analytics 53

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Supply Chain Matters

DECEMBER 21, 2022

Global parcel logistics and transportation carrier FedEx reported fiscal Q2 quarterly financial performance this week with the implications continuing to resound across traditional and online E-commerce business circles. At the same time, we continue to focus on delivering excellent service for our customers.”.

Cost Reduction Strategies 59

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Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Here’s how to address common hurdles with strategic actions that leverage AI for automation excellence.

Sourcing Strategies 78

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Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? 82% of the respondents reported a salary increase over the previous year. Only 8% over respondents had increases less than 2%, and only 2% of candidates reported a salary decrease.

Supply Chain Planning 98

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Supply Chain Network

OCTOBER 27, 2017

Maine Pointe, the supply chain implementation-focused consulting firm that sponsored the paper, found that driving collaboration excellence across procurement, logistics, and operations yielded a 20 to 30 percent gain in savings for many companies with which they worked. About Maine Pointe.

Optimal Sourcing 101

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Supply Chain Shaman

DECEMBER 4, 2018

Check out the full analysis, for over 600 public companies by peer group in Supply Chains to Admire report.) In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. Note the general trend of improvement.

Supply Chain Software 30

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ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

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Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. We have let buy- and sell-side transactional relationships erode value. “ I scratch my head. Today, we are not aligned on value-based outcomes.

Pricing Training 262

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ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. And you’re not to blame.

Predictive Analytics Software 59

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ThroughPut

OCTOBER 16, 2022

All essential data points including product, suppliers, procurement, purchases and sales can be tracked from the inventory management system and the inventory goals can be further used to categorize inventory metrics. Key Pillars of Supply Chain Inventory Optimization. LACK OF AUTOMATION. LACK OF PERFORMANCE TRACKING MECHANISMS.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

ivalua

DECEMBER 18, 2019

Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Inside the modern enterprise, a variety of groups use supplier master data, including not just Procurement, but also: . Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

The Logistics & Supply Chain Management Society

OCTOBER 10, 2022

The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. That’s an 87.5%

Logistics Network Optimization Software 242

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Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

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Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Calculating the Cost Breakdown: This process involves working with cost, finance, logistics and manufacturing process experts.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

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