TMC

SEPTEMBER 19, 2018

There are many reasons a company might be in the market for a transportation management system (TMS). Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 62

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 62

Logistics Viewpoints

SEPTEMBER 28, 2021

Raw materials are in short supply, many manufacturers have temporarily mothballed production lines, transportation costs are rising, and labor is getting tight on our roadways , railways and ocean vessels. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Matters

FEBRUARY 23, 2023

Background Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. Our specific prediction was that manufacturers and retailers will exercise considerable pressure on carriers for re-negotiating existing transportation and logistics contracts. All rights reserved.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. The reason? Broad Strokes.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

TMC

SEPTEMBER 19, 2018

There are many reasons a company might be in the market for a transportation management system (TMS). Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. 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

There are many reasons a company might be in the market for a transportation management system (TMS). Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Final thoughts.

Optimal Sourcing 48

Optimal Sourcing Procurement Solutions Procurement Supply Chain Planning Software 48

Talking Logistics

NOVEMBER 30, 2015

The quest for transportation cost savings and service improvement is never ending, but many companies still take a fragmented approach to analyzing and optimizing their transportation operations. In Brooks’ experience, companies can save, on average, 8-12 percent on transportation costs per year for 2-3 years.

Optimal Sourcing 100

Optimal Sourcing Network Optimization Price Mitigation Strategies Optimization Software 100

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. The reason? Broad Strokes.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Although this does not help to avoid tariffs for the components of your product, companies may benefit from decreasing transportation costs as they move final transportation closer to their customers. Firms could choose to insource certain manufacturing processes, such as product assembly. The “first-sale” rule.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

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. By analyzing historical disruptions and decoding intricate market patterns, the system predicts optimal times to either place procurement orders or exercise patience, waiting for more favorable conditions.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Logistics Viewpoints

JULY 22, 2021

From a supply perspective with the severely constrained transportation networks, port congestions, and stretched lead times, one needs to factor these into dynamically adjusting the supply assumptions. One off recommendations are made about facility locations (i.e.,

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

CH Robinson Transportfolio

NOVEMBER 19, 2020

And, accordingly, each industry procures and manages capacity differently to navigate these challenges and drive positive outcomes. Transportation providers must focus on creating efficient capacity networks, reducing empty miles, and hiring and retaining drivers. Conduct procurement exercises regularly and often.

Optimal Sourcing 44

Optimal Sourcing Material Savings Shipping Price Reduction 44

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 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Elementum

JULY 7, 2022

Supply chain disruption is an ongoing challenge, facing issues such as scarcity, transportation, and the changing landscape produced by the pandemic. This exercise is also useful in identifying staffing needs, communication, risks, and constraints to ensure project management software is used to its full potential.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Forecasting Software Demand Planning Software 78

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Too often, the process is distilled down to a “check the box” exercise on individual suppliers.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

Logility

SEPTEMBER 28, 2022

No matter how good it all looked on paper, the pandemic made weak links obvious: supplier shortages and backed-up transportation networks, among other things. It can help optimize transportation routes, warehousing, and stock management and handle other specialized but mundane tasks. Things can’t go on as they did pre-pandemic.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

JDA software

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Transportation management. Finally, the tactical aspect of your end-to-end supply chain — transportation modeling — has become more important. Let’s take a closer look at each of these key areas. Network design.

Supply Chain Design 75

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 75

Talking Logistics

APRIL 6, 2017

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. And with ongoing additional pressures on line-haul costs (e.g.,

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

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 136

Optimal Sourcing Network Optimization Supply Chain Network Software Optimization Software 136

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Supply Chain Matters

MAY 9, 2022

After a tumultuous two years of pandemic-driven supply and global transportation disruptions, the stakes are obviously high that both parties can reach a timely resolution to this period of contract renewal. Both parties accused the other regarding the slowdowns as well as the economic impacts. Fortunately.

Supply Chain Planning 52

Supply Chain Planning China Forecasting Manufacturing Procurement 52

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Master TMS Tools : Learn the ins and outs of transportation management systems to see how they optimize the shipping process, saving time and money.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

BlueYonder

FEBRUARY 11, 2019

its transportation management and how well it continually procures, plans, executes and monitors freight. Transportation management. Finally, the tactical aspect of your end-to-end supply chain — transportation modeling — has become more important. Let’s take a closer look at each of these key areas. Network design.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Inventory Reduction Supply Chain Optimization 40

Enterra Insights

DECEMBER 4, 2018

Procurement expert Kelly Barner notes, “Supply chain managers know full well just how reliant their company is on the performance of third parties. Transportation and distribution risks (such as lack of infrastructure or capacity). Global supply chains make resilience more challenging. ” Start With Good Data.

Optimal Sourcing 133

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Planning 133

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1 shows a sample proposed SPM project structure for a transportation services company. This person can sit on the procurement council or the steering committee. and procurement and supply management operations.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

TMC

OCTOBER 12, 2018

The other session was an interactive discussion on how to build a transportation management system (TMS) strategy and utilize the technology to drive value in your organization. Many times procurement and logistics teams are out talking to TMS providers, but haven’t included IT in the conversation. Is it to get the lowest price?

Price Reduction 62

Price Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 62

MIT Supply Chain

AUGUST 11, 2022

a loss of capacity to ship and/or transport products. Transportation: Availability of mode, route, labor, and equipment. Replacing over-the-road transportation requires capital and cycle times vary from long (e.g., Military exercises carried out by China have demonstrated that the country could easily blockade Taiwan’s ports.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 52

Supply Chain Matters

JULY 25, 2022

Prior long-standing assumptions that mature, foreign based supply networks, low-cost labor and predictable global transportation and logistics costs would remain constant were also blown-up by a series of industry dynamics. In 2021, global economists and think tanks were coming to a consensus that a long-term decoupling between the U.S.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Talking Logistics

AUGUST 19, 2015

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. Moving forward, GT Nexus plans to extend and enhance its TMS footprint across the full TMS lifecycle: Transportation Sourcing. Transportation Analytics. ” #Bridges2015.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. Likewise, the focus became on reducing transportation costs – which led to container ships getting bigger and bigger over time. For many years, as we moved to low cost countries, the shipping industry benefited.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Supply Chain Matters

AUGUST 15, 2022

Fitness and exercise is not the only category of products that reflected explosive product demand during the pandemic, without the ability to fulfill that demand to customer expectations. The lessons brought forward from the ongoing saga of Peloton , of the exercise and fitness industry and other select industries as well are many.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

JULY 15, 2022

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Matters

DECEMBER 21, 2022

Global parcel logistics and transportation carrier FedEx reported fiscal Q2 quarterly financial performance this week with the implications continuing to resound across traditional and online E-commerce business circles. Latest Quarterly Performance. Stay tuned for our upcoming 2023 predictions series for added perspectives.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Matters

JANUARY 11, 2023

Built-in support for real-time access to needed data related to facility, transportation, logistics, lead-time or other data that can reduce the overall effort required in building interactive supply chain models. Users remained mostly operations research or specialty consulting firms, and the use cases remained singular event driven.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52