article thumbnail

Sustainable procurement: a platform to rebuild

Proxima

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. The emerging truth was that sustainability was finding its way into corporate purpose. The future is still sustainable. Well, now we have one.

article thumbnail

5 Recommendations towards a Resilient S&OP

Logistics Viewpoints

Several factors contribute to this such as ESG (Environmental, Social, and Governance) initiatives by companies opting to conduct business with suppliers with more sustainable practices, or push by the governments for domestication or near shoring of supply chains. One off recommendations are made about facility locations (i.e.,

S&OP 244
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

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. This list should include the business metrics that each procurement project impacts.

article thumbnail

DB Schenker – Singapore: A Vital Node in Singapore’s Logistics Ecosystem

The Logistics & Supply Chain Management Society

The digital twin allows for internal operations as well as customers to view the various processes, along with detailed metrices throughout the facility. Where many companies have exercised cost cutting measures, Schenker has conversely stepped-up investments in our people.

Singapore 246
article thumbnail

Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

This exercise was previously a cumbersome manual exercise done on a weekly basis for the top 45 stock keeping units (SKUs). 95% is very high performance on this metric; It implies significant transportation cost savings. The analysis was not all that accurate. Truck utilization went from the mid-80s up to over 95%.

article thumbnail

Improve Supply Chain Strategies with Digital Twin Technology

Enterra Insights

” Cognitive technology solutions, like the Enterra Global Insights and Decision Superiority System ( EGIDS ), can help companies perform important “what-if” exercises to help them anticipate and plan for the future. ’”[6] If your company hasn’t considered leveraging digital twin technology, the time is right to do so.

article thumbnail

The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

Pre-Procurement Before commencing on a Procurement Exercise, it’s important to collaborate with internal stakeholders, including procurement teams, logistics departments, and related teams, to ensure alignment on objectives, requirements, and budgets.