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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. However, 48 to 72 hours would be an ideal lead time, reports Steve Raetz of Logistics Viewpoints.

Supply Chain Event 2016

Supply Chain Movement

Supply Chain Event 2016. Supply Chain Event is the cutting-edge trade event of the year, presenting new solutions and technologies to optimize operations for an audience of 3000 supply chain managers and project officers. In today’s era of logistics 4.0, Date: 22-23 November, 2016. Location: Paris Porte de Versailles – Pav. 8, Paris (FR). Organisation: Reed Expositions France. URL: www.supplychain-event.com.

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Why Transportation Procurement is More than an Event

Talking Logistics

The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Transportation Procurement: Things to Keep in Mind. Today, whether you’re managing procurement events or working with a partner that manages the service on your behalf, here are some things to keep in mind. The post Why Transportation Procurement is More than an Event appeared first on Talking Logistics with Adrian Gonzalez.

Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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2019 Logistics & Supply Chain Events to Attend in the US

EazyStock

Wondering where to find the leading events in your local area? EazyStock has complied a new list of the top 2019 Supply Chain events that you can’t afford to miss. These events will inspire you with valuable ideas and will introduce you to interesting business networks. These events provide great opportunities to develop your supply chain efficiency and keep your business one step ahead.

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Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce Logistics

20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. A poorly designed warehouse floor plan means warehouse associates must walk longer distances to accomplish tasks, resulting in wasted time and resources. Warehouse requirements do not denote storage alone.

5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Warehousing is critical in movement of goods from manufacturer to the end customer. Whenever we come across this term ‘Warehouse’, we imagine a big closed place which is used for storage of the goods to be transported, whether inbound or outbound, trucks moving to and fro, lot of labourers would be working etc. The Indian warehouse market was worth INR 561 Billion in 2018. To cater this market demand investors are investing heavily in warehousing projects.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. The increasing service levels such as e-commerce and same-day delivery are influencing retailers to invest further in the warehouse industry. The growth of retail and FMCG goods has been the main driver for the industrial warehouse industry.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers. Warehouse Operation

Data Driven Logistics: Using Visibility for Better Customer Experience

20Cube Logistics

This helps organisations achieve efficiency and cost-effectiveness, helping them transform their supply chain processes by better forecasting and procurement planning. . Capturing data at each point is crucial for any process optimisation and with the advent of blockchain , this is possible, but whether data-driven logistics really help us achieve better results is still debatable for a few. Data has been and will continue to transform the logistics space.

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The Changing Landscape of Real Estate in the Logistics Industry

Logistics Bureau

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres. Real Estate in the Logistics Industry: A Changing Landscape. Retailers, therefore, are under pressure to increase warehouse volumes, while also facing high real-estate costs.

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. Those fundamentals include understanding the need for reliability, reinforcing accountability, recognizing core competencies, defining a successful logistics strategy, and managing risk. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? SMEs find it hard to identify and engage suitable logistics partners. Logistics providers, in general, are slow to respond to the needs of SMEs.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supply chain and logistics. Boot Barn @bootbarn In 2016, Boot Barn improved operations at its distribution center in Fontana, California by implementing HighJump’s Warehouse Advantage WMS.

Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

Very often it comes from a logistics services provider, one equipped with end-to-end solutions designed to meet your needs while you concentrate your time, energy and investment in your core business. Properly implemented, a Center of Excellence provides insight to needed data on global and domestic transportation, warehouse management, distribution, and more. The Broader Value Proposition of a Logistics Center of Excellence.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. Review logistical functions and identify potential weaknesses.

Strategic Logistics Management: The Importance of Flexibility

Cerasis

We continue our ongoing 11 part series on strategic logistics management to include information on both warehousing and transportation management. We started the series with an overview of the 10 areas that allow you to have a competitive advantage if you have a strategic logistics mindset. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

As my career progressed and my experiences broadened I learned that Supply Chain Risk Management was more than just an annual event involving updating the Disaster Recovery plan. Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. Losing buildings for manufacturing and distribution can result from any of these events. Subscribe Here!

Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

Trinamix customers also use Oracle’s IBP solution to monitor execution of their business plans and proactively manage unexpected events to achieve company goals. Unlock New Opportunities in End-to-End Integrated Logistics with IoT and Analytics. Supply chain organizations have been on a long journey to improve customer fulfillment and collaboration, especially in logistics functions such as transportation and warehousing. Logistics and Order Management Cloud.

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics. Published by MTS Logistics, this blog also focuses on the world of ocean shipping and international trade concerns, key concerns that exist in blockchain circles.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

My wife often jokes that she is the VP of Supply Chain and Logistics in our family. Moving on, here’s the supply chain and logistics news that caught my attention this week: Uber teams with NASA to make flying cars a reality (CNN). The key takeaway here is that companies need to take a holistic and integrated approach to how they procure, plan, and execute their transportation operations. But it’s no joke, it’s true.

For What It’s Worth: My Take on Last Week’s Supply Chain & Logistics News (May 30, 2018)

Talking Logistics

Every Friday on Talking Logistics, I share a list of supply chain and logistics news that caught my attention that week, along with some brief commentary and analysis. The good news is that that there is a lot of work going on in this area, such as the Blockchain in Transport Alliance (BiTA) , which already has several hundred companies in the transportation and logistics industry participating.

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

6 River Systems

“I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” ” For example, collaborative mobile robots like Chuck by 6 River Systems leverage AI and machine learning to optimize pick routes in real-time and prioritizing tasks based on current conditions on the warehouse floor. There is a lot of complexity in last mile logistics.

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

6 River Systems

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. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.

Valentine’s Day and the Logistics of Love

Enterra Insights

Some consider the event as an inescapable chore, some see in Valentine’s day a great opportunity to demonstrate their feelings to the beloved one.”[2] … If Valentine’s Day, much like love, is meant for everyone, then the related marketing campaigns promoting this spending event can be targeted to virtually any U.S. Last year UPS geared up its global logistics-of-love network to deliver an estimated 89 million flowers for Valentine’s Day.

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CSCO Forum / 3PL Summit 2013

Supply Chain Movement

Breaking the Barriers – Collaborate with your Competitors to Reduce Transportation Costs – Review top ways to identify key partners and opportunities for horizontal collaboration and achieve 5-20% cost reductions through increased vehicle utilization and better use of warehouse space. Paul Reilly, Group Head of Logistics and Supply Chain Network Design. Chris Haighton, Head of Retail Logistics, Shop Direct Group. Events 3PL Summit CSCO Forum event

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Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

Or do you really need to “Go Outside and Play” and go into Warehouses, Distribution Centres, Manufacturing facilities, Logistics operations, Planning and Purchasing offices, and more to really understand how the Supply Chain works? We have the ability to see, track and manage Supply Chain events from your Smart Phone. There will still be Warehouses, Distribution Centres and Manufacturing facilities, as well as the Logistics operations that connect them all.

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Supply Chain Management:Flying Robots in a Warehouse?

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. News & Events. |. » Flying Robots in a Warehouse? Well, this may appear strange but having watched Vijay Kumar and his teams innovation on flying robots in TED - [link] , it struck to me that these little robots can do wonders in warehousing operations. Procurement Blog. About Us. Contact Us.

How Last Mile Delivery Affects the Supply Chain

The Network Effect

The orchestration of processes and information for the procurement of goods to the “last mile” delivery to the customer is a required competency in today’s direct to consumer marketplace. Event management and alerting are also becoming more common for proactive, outbound customer communications. DC’s and FC’s will already have a robust Warehouse Management System (WMS). Returns and Reverse Logistics. By David Meyers.

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Why tech could shake up the $8.1 trillion global logistics industry

EFT

Legacy systems are a significant problem for the logistics industry. NASDAQ: TSLA) CEO Elon Musk famously blamed his company's failure to produce and deliver the Model 3 car on the fact that they had gone "from production hell to delivery logistics hell." Third-party logistics (3PLs) company J. CSE:LLT) (OTC: LLNKF) is set to deploy its innovative 1Shift platform, which aims to solve the biggest logistical problems faced by shippers and carriers.

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. William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., This is where Blockchain is ready to transform the way the supply chain and logistics industry works. Blockchain is a distributed database that contains records of events in continuity which can be assessed and inspected by users. It becomes easier for companies and individuals to bring in ethical procurement practices in place. appeared first on 20Cube Logistics.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. UPS Joins Top Alliance To Create Blockchain Standards For Logistics. Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

Supply Chain Analytics- Towards Intelligent Manufacturing

ThroughPut

It also encompasses the complete supply value chain right from sourcing, manufacturing, distribution, and logistics. Reducing future disruptions by analyzing exact root causes of past events. Warehousing-. Warehousing also has witnessed many advances using available ERP data.