The Logistics of Logistics

FEBRUARY 11, 2022

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of? third-party?logistics.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

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

Logility

MARCH 11, 2024

They’ve spent the last year (and more) creating safer, more efficient supply chains,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. Supply & Demand Chain Executive and its sister publication, Food Logistics , also operate SCN Summit and the Women in Supply Chain Forum.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

Logility

AUGUST 23, 2021

Food and beverage (F&B) industry executives face mounting pressure to keep up with soaring demand. F&B companies that leverage an MEIO strategy have reduced their total inventory volume by at least 20% without compromising the quality of their customer service and fill rates.

Supply Chain Software 130

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

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. The benefit of broader exposure is a key reason this strategy is used. It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

AUGUST 11, 2020

This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

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

Talking Logistics

OCTOBER 2, 2017

Not all supply chains are created equal and that’s certainly true when it comes to the fresh food supply chain. There are a lot of unique considerations in the overall procurement-to-delivery process, everything from temperature control to ensuring food safety.

Food 104

Food Supply Chain Software Supply Chain Strategy Manufacturing Procurement 104

The Logistics of Logistics

JUNE 7, 2021

He works alongside clients ranging from some of the largest food and beverage businesses in the world to the brightest up-and-coming CPG brands in North America. Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of? third-party?logistics.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Supply Chain Game Changer

SEPTEMBER 5, 2019

“Fish are friends, not food.”. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. Suppliers are our friends, not food!

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

Logility

MARCH 19, 2018

Food and beverage supply chains face mounting pressure to reduce costs, add more value and do more with fewer resources. Food and beverage companies run on razor-thin margins. Companies that have implemented a MEIO strategy have been able to reduce total system inventory by 20% or more. 1) Supply Planning and Optimization.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Logility

MARCH 29, 2018

Last week we shared five capabilities to help take the Food & Beverage supply chain to the next level. Advanced replenishment planning can help develop a cost-effective supply chain strategy that ensures customer service levels remain high while minimizing costs. Demand-Driven Manufacturing Planning. Additional Reading.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

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

Kinaxis

SEPTEMBER 12, 2016

The most common strategies for moving from upstream to downstream sites are push and pull strategies , or some mix of both. A pull strategy is when customer demand drives the entire production process. On the other hand, a push strategy is when production is based on long term customer forecasts.

Inventory Reduction 100

Inventory Reduction Waste Reduction Cost Reduction Strategies Material Savings 100

DynaSys

JUNE 16, 2021

Welcome to our third and final blog on key ingredients to improving your food and beverage supply chain. We have been discussing the concept that the food & beverage supply chain is similar to that of a recipe for a manufactured food product. All industries supply chains have been disrupted.

Beverage 52

Beverage Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 52

HICX Solutions

DECEMBER 21, 2020

An Interview with Peter Smith on ‘Bad Buying’ and ‘Procurement with a Purpose’. HICX was pleased to welcome Peter recently to our interview series on data in Procurement, in which we asked him more about his book, as well as his other project, ‘Procurement with a Purpose.’ Procurement with a Purpose. Audio only.

Optimal Sourcing 52

Optimal Sourcing Procurement Data Supply Chain Design Software 52

QAD

DECEMBER 3, 2019

There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. It means buying food that is sourced and/or grown within a geographical location that could be considered “local”. Improves overall food safety.

Manufacturing Procurement 117

Manufacturing Procurement Material Savings Cost Reduction Strategies Expense Reduction 117

Unleashed

APRIL 18, 2024

Just-in-time manufacturing is a strategy that directly aligns raw-material supply deliveries with production schedules to increase efficiency and decrease waste. The just-in-time approach contrasts with just-in-case strategies, where producers hold sufficient inventories to absorb maximum market demand. Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. One food manufacturer based in the UK was among those to successfully manoeuvre through the pandemic and beyond.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Logistics Viewpoints

JANUARY 12, 2022

In the article, he wrote about Amazon Relay, the acquisition of Whole Foods, Amazon the carrier, and the expansion of its warehousing capabilities. Accordingly Supply Chain and Procurement will need continuous collaboration. Walmart has been very open about what it takes to compete with Amazon.

Optimal Sourcing 296

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 296

The Logistics & Supply Chain Management Society

JULY 16, 2023

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

BR Williams Supply Chain Management

JANUARY 18, 2021

TIP: Don’t settle for a distribution management strategy that isn’t right for your business. Measure every element of the business from forecasting, procurement, inbound freight management , warehousing and inventory control to order processing, load consolidation, delivery scheduling and backhauls. Communication.

Inventory Reduction 89

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 89

Vanguard Software

JUNE 15, 2021

Here are four strategies to better the demand planning process with a modern planning solution. Country Malt Group, a North American-based distributor of craft beverage ingredients, used Vanguard to communicate with procurement about the changes in demand at the beginning of the COVID-19 pandemic. Demand Planning & Forecasting.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 52

Talking Logistics

OCTOBER 28, 2014

Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. California-based Ventura Foods, which managed more than 127,000 inbound and outbound shipments last year, has a long history of building these kinds of strategic partnerships.

Expense Reduction 197

Expense Reduction Cost Reduction Strategies Price Reduction Capacity 197

Vanguard Software

MAY 11, 2021

Now is the time to use a platform that knows how much product to produce, which gains the lead times necessary to ensure no delays in procurement or distribution, and understands customer behaviors to optimize sales. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now.

Waste Reduction 52

Waste Reduction Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

What started as a simple combination of wooden planks to transport food and munitions, the evolution of the modern pallet has since grown into a multi-million dollar industry with different types of materials introduced to make a pallet. It featured an outdoor maze which was made from the same material as the straw pallet.

Material Savings 246

Material Savings Waste Reduction Cost Reduction Strategies Manufacturing Procurement 246

NC State SCRC

JANUARY 2, 2024

As President and CEO Restaurant Supply Chain Solutions (RSCS) , Todd Imhoff is responsible for all aspects of RSCS’s business strategy, overseeing the quick-service restaurant industry’s largest supply chain cooperative. Exclusively representing the iconic YUM!

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 52

EcoVadis

AUGUST 11, 2017

Some of the most recognized and successful food brands are getting pressured at every turn, from health conscious and high-end consumers that are prioritizing healthy and fresh alternatives, to price-driven buyers flocking to cheaper store brands. Even grocers and retailers are starting to turn their backs on Big Food.

Manufacturing Procurement 56

Manufacturing Procurement Food Sustainability Supply Chain Planning Software 56

Supply Chain Shaman

OCTOBER 1, 2013

As I work with companies, I often contrast the strategies, approaches and outcomes within a peer group. Both companies provide packaging materials to the food manufacturing industry. They were unclear on their supply chain strategy and the role of supply chain planning. The decision was a political tug of war.

Illinois 251

Illinois Waste Reduction Supply Chain Planning Software S&OP 251

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Enterra Insights

FEBRUARY 4, 2022

The short answer is that both soldiers and civilians need to eat and obtaining food requires careful planning — especially during times of shortages. But there’s plenty of food. Unfortunately, this strategy only increases inflationary pressures and product shortages. What does shopping have in common with war? ”[1].

Military 130

Military Food North America Supply and Demand 130

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. This also frees up the company’s human experts so they can focus on developing more effective supply strategies. This is where CommodityWatch AI can help. How does Resilinc use recommendation models?

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Logichain Solutions

AUGUST 1, 2019

Successful entrepreneurs experiencing growing customer demand for an exciting new food product soon face the need to increase their production volume. Consider investing into order-to-cash software, using procurement platforms, investing into production equipment, or implementing online shipping tools. Outsource tasks.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 40