The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Freight Sourcing Strategies 130

SCMDOJO

JUNE 6, 2024

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field. Dive in and discover the power within!

Pricing Training 105

Pricing Training Negotiating Skills Buyer Training Optimal Sourcing 105

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Precoro

JUNE 3, 2025

Category management isn’t just another procurement trend. What procurement teams need is a clear view of their spend, tighter control, and a strategy that delivers lasting value—exactly what category management provides. The goal is to get the best results from every category. It’s tactical and short-term.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Logistics Viewpoints

SEPTEMBER 28, 2021

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 246

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 246

Logistics Viewpoints

AUGUST 9, 2022

For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Inbound/procurement teams could view SKUs at facilities with low days of supply, and drill into orders in the yard with low SKUs. All aboard. He lives in Chicago.

Inventory Management Software 261

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Design Software 261

Logistics Viewpoints

JULY 22, 2021

Ensuring Sourcing and Supply Chain are tightly integrated ensures avoidance of any surprises that adversely affect customer service and fill rates, by being proactive about launching sourcing events.Beyond addressing these sourcing needs, Procurement needs to have a seat at the table. He received his Ph.D.

S&OP 284

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 284

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. Relocation, coupled with the exploration of plausible options such as reshoring and nearshoring, must be considered in any supply chain network optimization exercise. Business model strategies. MORE FROM THIS EDITION.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Vendor Strategies Inventory Reduction 245

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Viewpoints

APRIL 11, 2024

Supply chain orchestration enables seamless collaboration All this tinkering undoubtedly involves effort from across the supply chain, from sales to procurement to manufacturing to distribution and more. Too often forecasting is an exercise is done by a demand planner, who tosses it over the fence to someone else to fulfill.

Pharmaceutical 312

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 312

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 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 98

SCMDOJO

OCTOBER 8, 2024

It covers concepts in detail but offers very little in terms of practical exercises, real-world case studies, or detailed models. SCMDOJO offers an abundance of case studies, detailed models, and exercises that simulate the challenges professionals face daily. In comparison, SCMDOJO was designed to fill this gap. Click here!

Supply Chain Design Software 97

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 97

The Logistics of Logistics

MARCH 18, 2022

On a personal level, Tom is a dad, lover of sports, and exercise fanatic. With SourceDay’s suite of collaborative products, procurement teams can trace a single part from PO issuance to acknowledgment and final delivery, giving organizations unprecedented visibility into the first mile of their supply chain. About SourceDay.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

Supply Chain Matters

MARCH 14, 2025

Administration are becoming either a noted concern or inventory hedging opportunity area for global based manufacturers and materials procurement teams. From our lens, they further reflect that at this point in time businesses and their supply chain management teams are exercising near-term tactical strategies.

Inventory Reduction 52

Inventory Reduction Inventory Report Price Reduction 52

Talking Logistics

JULY 16, 2014

In a past episode of Talking Logistics , Nicholas Carretta, President at UltraShipTMS (a Talking Logistics sponsor), discussed some of the barriers companies face in implementing a transportation management system (TMS), and “building the business case” was one of the main challenges he talked about. Intelligent procurement.

Optimal Sourcing 149

Optimal Sourcing Network Optimization Supply Chain Network Software Optimization Software 149

NC State SCRC

FEBRUARY 13, 2023

I am working on a new book focused on the sales and procurement relationship in supply chains with my friend Howard Richman, who has a wealth of experience working for companies like Merck, Citrix, and others. I am publishing a snippet from one of our chapters – to give you a taste for what’s in store!

Optimal Sourcing 83

Optimal Sourcing Procurement Price Reduction Cost Reduction Strategies 83

Supply Chain Matters

NOVEMBER 6, 2024

This action was widely recognized by financial media that amid the plane maker’s ongoing cash flow and production quality crisis, the labor union exercised its bargaining leverage. They include areas of supply chain planning, sourcing and procurement, customer fulfillment, logistics, transportation and other application areas.

Predictive Analytics Software 86

Predictive Analytics Software Supply Chain Software Negotiating Skills Predictive Analytics 86

Talking Logistics

APRIL 6, 2017

Shippers looking to make structural improvements within their logistics operations often immediately turn to more significant changes such as implementing new technology solutions or redesigning their distribution network in order to see the best return. Robinson in Boston where he spent almost 7 years.

Capacity 124

Capacity Price Reduction Cost Reduction Strategies Sourcing Strategies 124

Logistics Bureau

JANUARY 16, 2025

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Smart software procurement choices, in areas such as business intelligence, risk assessment, and data management, will allow you to make predictive models for supply and demand in times of local, national, or global uncertainty.

Sourcing Strategies 74

Sourcing Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 74

Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Select one strategic logistics partner and build a long-term, close relationship.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

Supply Chain Game Changer

OCTOBER 11, 2022

Communication of this kind will prevent any procurement delays. Damage often originates from in-house storage , leading to costly reverse logistics. Your financial models will inform tasks such as procurement and capital needs. Model your results if delays hit logistics. The benefits of this exercise are enormous.

Optimal Sourcing 95

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 95

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. The word “optimization” is ubiquitous in the supply chain and logistics industry.

Optimal Sourcing 133

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 133

Enterra Insights

JUNE 22, 2021

Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected. The Resilinc team notes, “Bridging information and functional gaps between various departments (e.g.,

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain Software 130

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Enterra Insights

AUGUST 11, 2022

Make and exercise contingency plans. Even the best plans won’t anticipate all contingencies, which is why they should be exercised for insights and shortfalls. Well-run disaster exercises also help prepare everyone involved to deal with the unexpected. 9] Armed with that information, mitigation strategies can be developed.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

Enterra Insights

JUNE 18, 2019

Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Moving any product or service through a supply chain starts with a procurement contract, which initiates the tendering or bidding process via an RFI, RFP or other type of formal request. Talk about a great use case for blockchain!

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Resilinc

MARCH 26, 2024

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. It triggers a domino effect, disrupting operations, challenging logistics, and posing financial risks to all entities connected in the supply chain web. This is where CommodityWatch AI can help.

Modeling 127

Modeling Supply Chain Risk Management Modeling Software Risk Management 127

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

TMC

SEPTEMBER 19, 2018

Common supply chain challenges that lead to a TMS purchase include procurement and transportation operations living as two separate functions, lack of visibility to freight movement, and limited control of freight from inbound suppliers. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

SYSPRO Smarter ERP

AUGUST 22, 2022

The shift from oversupply to the current worldwide shortage has impacted raw materials, inbound logistics, the factory floor, and the outbound warehouse. Investing in technology solutions like ERP is an expensive exercise and by not investing resources into training and education, manufacturers will not obtain the return on investment.

Supply Chain Design Software 105

Supply Chain Design Software Manufacturing Procurement Demand Planning Software Optimization Software 105

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 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

ThroughPut

JUNE 24, 2022

Mounting expectations of supersonic speed and efficiencies between suppliers and business partners of all types further underscores the need for the industry to leverage the prowess of the Artificial Intelligence (AI) in supply chains and logistics. Benefits of AI-Powered Supply Chains. 1) BOLSTERING PLANNING AND SCHEDULING ACTIVITIES.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98