ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

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

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 83

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 83

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. The vocabulary used in transportation can be confusing. Shippers” are companies that have goods that need to be transported. Google maps would be an example of this kind of application. But shippers lack trucks.

Benchmarking 231

Benchmarking Freight Analytics Software Supply Chain Design Software 231

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

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Some examples are: Trello , which allows users to set up boards for different projects, within each of which tasks are displayed.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Talking Logistics

FEBRUARY 14, 2022

Transportation issues are in the spotlight today, with congested ports, capacity constraints, and trucker protests among the current headlines. For example, an October. Read more How Technology is Transforming Transportation Procurement.

Logistics Network Optimization Software 152

Logistics Network Optimization Software Procurement Transportation Waste Reduction 152

Logistics Viewpoints

OCTOBER 20, 2022

At the same time, a retailer whose product demand drops sharply has less need for transportation capacity and therefore tenders lower volumes to contracted carriers. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.

Freight 209

Freight Logistics Network Optimization Software Optimal Sourcing Jacksonville 209

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Unleashed

NOVEMBER 2, 2023

Production schedule example Production schedules can be highly complex documents produced by manufacturing software that go into detail about each stage of production, or they can be simple spreadsheets that just list out the start times and deadlines for each process.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 62

Optimal Sourcing Europe Procurement Transportation 62

Procurement Academy

AUGUST 17, 2021

For those of us working in the field of supply chain and procurement education, it’s an open secret. But the same is most emphatically not true of supply chain and procurement. And those are just two examples: there are many more—Brexit, Covid?19, And it’s not difficult to see why. 19, trade tensions, the rise of re?shoring

Buyer Training 93

Buyer Training Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

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

GlobalTranz

JULY 30, 2018

Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. Staying Competitive Will Demand Blockchain Use Blockchain is among the most dramatic developments in the modern world.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

In one example, Crust Group in Singapore provides a Southeast Asian example of a cross industry “circular economy” partnership. The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation. Community organisations can help though.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

EC Sourcing Group

JANUARY 4, 2022

Before the Internet, procurement was a tedious process. eSourcing in procurement leads to further procurement optimization. eSourcing in procurement leads to further procurement optimization. Read on to learn about the benefits of procurement software and having a procurement spend analysis dashboard.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Software Analytics Software Optimization Software 52

TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies. In the U.S.,

Optimal Sourcing 54

Optimal Sourcing Procurement Transportation Negotiating Skills 54

Supply Chain Matters

JULY 6, 2022

During this unprecedented period of non-stop global supply chain disruption, the Supply Chain Matters blog provides readers with additional industry specific examples, along with their implications. Steep transportation cost increases and shipping delays added to inventory management challenges. General Motors. Bob Ferrari.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. Calling the FourKites platform a real-time transportation visibility solution is a misnomer; This is a real-time supply chain visibility solution. Transportation visibility solutions provide a wide variety of benefits.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Logistics Viewpoints

AUGUST 22, 2023

Nine years ago, my company FourKites pioneered the market for real-time transportation visibility. We’re currently on the cusp of a big incremental change in the industry’s transformation journey, as the value of real-time supply chain data is increasingly being felt far beyond transportation logistics.

Real-time Visibility 185

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

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency.

Supply Chain Risk Management 223

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

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

TMC

AUGUST 23, 2017

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies.

Optimal Sourcing 48

Optimal Sourcing Europe Procurement Transportation 48

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

Supply Chain Planning Software 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

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

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. For example, the auto industry embraced risk management after the nuclear disaster at Fukushima. For example, the auto industry, which lost billions because of the semiconductor chip shortage, had suppliers that could not get the chips they needed for their products.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 287

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The start of any product or service is procurement, explains Jonathan Webb of Forbes Magazine , which refers to the obtaining of raw materials needed to create a product.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. Truck transportation comprises 75% of all freight in Latin America.

Comparison 52

Comparison America Transportation Colombia 52

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Shaman

APRIL 9, 2021

The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks. Mistake #4.

Supply Chain Planning Software 349

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 349

Logistics Viewpoints

FEBRUARY 20, 2023

For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. For managed transportation services, a best of breed transportation management system is at the heart of the service. This is much less common than contract logistics or even managed transportation.

Supply Chain Planning Software 212

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 212

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 supply chain design solution, for example, continues to grow in depth and usability. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

The Logistics of Logistics

APRIL 26, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147