The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We pledge to adopt better ways of doing business with the aim of becoming an industry standard.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logistics Viewpoints

AUGUST 22, 2023

I’ve said it before (right here in Logistics Viewpoints), but it’s worth repeating: the digital transformation of our complex global supply chains is an ongoing journey. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials? Why is this shift such a big deal?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Proxima

NOVEMBER 7, 2022

The starting point for all conversations about defence procurement must be that Western Europe faces its greatest security threat since the Cold War. Ensuring that the UK is ready for whatever may come is at the heart of what the UK’s defence procurement industry does. Yet its task has got even harder over recent years.

Procurement 52

Procurement Military Ukraine Global 52

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Synovos

JANUARY 8, 2024

Procurement culture: challenging the old, developing the new One of the biggest challenges facing the indirect procurement industry today is digitalization. Will procurement roles continue to exist? The big question is whether procurement roles like mine will still be around in years to come.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction Strategies 52

Supply Chain Game Changer

JULY 14, 2021

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is fundamentally centered around the act of acquisition and/or buying.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. But what does that mean for future strategies in procurement ? Ongoing Optimization Shippers must optimize their procurement strategies.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. Wilczek emphasized the importance of assessing third party risks in order to comply with global regulations. What an opportunity!”

Procurement Solutions 163

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 163

Proxima

JANUARY 25, 2024

To cut through the often-overwhelming noise in the procurement landscape – from geopolitics to supply disruption, digital to sustainability, and beyond – we consult leading CPOs to get their take on where we should be focussing efforts in the coming year. It’s often been said that procurement are value architects. And resilience.

Procurement 52

Procurement Supply Chain Design Software Taiwan Cost Reduction Strategies 52

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 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. The trade war is now part of the “new normal,” and this has created a global ripple effect. Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Procurement is essential for organisations looking to build relationships. Procurement must refocus to foster, rather than block innovation.

Innovation 221

Innovation Price Reduction Cost Reduction Strategies Procurement 221

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 98

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 98

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. For example, there are shortages of active piers, forcing ships to anchor for days or weeks before they can unload.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Proxima

NOVEMBER 7, 2023

Simon Geale recently sat down with Kodiak Hub to record Feature Frontier, a 20-minute dive into a few things procurement but in particular the importance of supplier collaboration. Collaboration must be up there as one of the most frequently used words in event agendas or strategy presentations in procurement circles.

Optimal Sourcing 59

Optimal Sourcing Procurement Supply Chain Planning Software Supply Chain Network Software 59

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Global automotive component supplier Meritor is a great example. Procurement was tasked with supporting a board level initiative to accelerate innovation and increase margins.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Matters

APRIL 18, 2022

In a previously published Supply Chain Matters posting, we called reader attention to a perhaps different senior supply chain leadership model, which being liquor distiller Brown Forman’s new model that is led by a Chief Global Supply Chain and Technology Officer CSCTO) , with IT and global information security reporting to this senior executive.

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

ivalua

JANUARY 13, 2023

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

Multichannel Merchant

OCTOBER 14, 2022

TikTok is looking to create a global logistics infrastructure, including in the U.S., “There are less capital intensive and faster ways to solve fulfillment, for example, by partnering with existing 3PLs, and only eventually launching owned fulfillment.” Globally appeared first on Multichannel Merchant.

Supply Chain Network Software 110

Supply Chain Network Software Los Angeles Global San Francisco 110

ivalua

MAY 23, 2022

Ivalua has made carbon savings a strategic focus, committed to setting an example through its own operations and by empowering its customers to better reduce the carbon footprint produced in their supply chains. The company has joined the UN Global Compact and has achieved Ecovadis’ Bronze status for its ESG efforts. About Ivalua.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Innovation 130

Supply Chain Shaman

NOVEMBER 9, 2023

Let’s take an example. Let’s take another example. And, there is no translation of planned orders for manufacturing into aggregate procurement. The focus is on the use of market data and sharing data across the functional silos of sales, marketing, finance, operations, procurement, and transportation.

Optimal Sourcing 354

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 354

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Supply Chain Game Changer

AUGUST 22, 2022

With the global pandemic changing so much in the world, that discussion around global and local manufacturing has become even more complex. You may have heard the saying “think global, act local.” Is it still possible to manufacture products locally, or do we need to look at global solutions? Count the cost.

Manufacturing Procurement 107

Manufacturing Procurement Manufacturing Global Modeling 107

Supply Chain Game Changer

AUGUST 13, 2020

Death of Global Supply Chains article and permission to publish here provided by Sam Jenks at kodiakrating.com. Globalization has dominated as a widely practiced business strategy during the past 15–20 years. Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Taulia

FEBRUARY 4, 2022

And it’s arguable that this very feature of modern global economics has been a key driver in global trade’s journey towards being ever-more efficient from a consumer perspective. However, the global nature of our supply chains also exposes businesses to new risks and challenges that must be conquered.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 98

Freightos

JANUARY 15, 2024

It took time for the situation to normalize, especially for complex products like semiconductors that require a lot of moving parts in the global supply chain. Just when it seemed that 2024 would be a very welcome year of “normal” supply chains, the Red Sea crisis proved that for global supply chains, there is no such thing.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 289

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? This, of course, requires a reputable global freight index.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Ware2Go

JANUARY 7, 2022

As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? However, as we’ve seen during the COVID-19 global pandemic , unexpected disruptions to supply and demand creates major issues. What is just-in-case procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

Proxima

MAY 26, 2023

So, what does this all mean for procurement? Procurement leaders should be conscious of the short-term environment, but it’s also their role to look at what might be a further down the road and think strategically about how their work is aligning with long-term business priorities. Let’s start with the short-term.

Procurement 52

Procurement Germany Price Reduction Benchmarking 52

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. However, you may wonder what kind of practices really work.

Waste Reduction 274

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

Logistics Viewpoints

OCTOBER 10, 2022

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223