Remove Freight Remove How To Remove Procurement Remove Sourcing

Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. Theoretically you should be able to generate better service, better terms and conditions, and better cost. Yet there can be many obstacles in your way to achieving this seemingly simple goal. To overcome the Spend Aggregation obstacles there are a series of enablers you need to enact to make this successful.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Keep it Simple : It’s important to not over complicate things.

Global 216

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

Indirect Procurement – It’s Time to Rise and Shine!

Supply Chain Game Changer

Yet the lack of attention and focus that Indirect Procurement is often given is inconsistent with the true importance of this area. Indirect Procurement takes a back seat to Direct Procurement unfortunately. But it is time for Indirect Procurement to stand up and be counted! The Importance of Indirect Procurement! Indirect Procurement is referred to by many different names. The very labels applied to these names (ie.

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. A strategic approach to obtaining what you need to keep your business and products moving—whether you’re sourcing raw materials, manufactured accessories, or transportation capacity—can help avoid unforeseen disruptions and create a competitive advantage in today’s changing market.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? Subscribe Here! Email Address.

How to Avoid Bottlenecks in Your Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Article and Infographic, and permission to publish here, provided by Marc McCormack at straightnorth.com. It’s easy to visualize your supply chain as a river, flowing from one point to another. Along the way, it can branch out into various tributaries — but like running water, any item in the supply chain will find its way to its destination eventually. supplychainmanagement #logistics #procurement. Subscribe Here!

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. companies should be looking to partner with more stable countries where tariff changes aren’t expected. goods is more complex than it used to be. This isn’t to say you should avoid international sources for goods.

Blockchain Comes to the Freight Industry

Supply Chain Brain

As of late February, membership stood at 260 companies, with more than 1,400 applying to join, according to Craig Fuller, founder, managing director and chairman of the board of BiTA. Fuller, who is also chief executive officer of freight market analytics provider FreightWaves , saw the suitability of a technology that originally was created to support the trading of Bitcoin and other cryptocurrencies. But most are doomed to eventually fail.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Interestingly there are many views on how to define Supply Chain. Source: [link] ).

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Given the phenomenal opportunities that Supply Chain offers for personal and professional growth it is a career path which I highly recommend to anyone. Some want to do work that is more transactional while others want work that is more project based. Some people like to focus on one area and develop an expertise therein. While others want to try working in many different areas. Subscribe Here! Email Address.

SCM 84

Freight Consolidation for Full Truckload: The Hidden Gem of Full Truckload Shipping

Cerasis

It takes more time to get shipments to consumers. Remember time is money, and if your product sits in the back of an LTL van for several days, your consumers will flock to your competitors. Instead of throwing in the towel, shippers can leverage full truckload shipping to ship LTL shipments in the back of a full-size van or trailer. Well, it goes back to knowing when to put two and two together to make four, with four being full truckload and two being an LTL shipment.

Importing From China! The Essential Guide! (Video)

Supply Chain Game Changer

Blog post and video, and permission to publish, provided to supplychaingamechanger.com by Simon Pleass, Managing Director at [link]. The most important factor is that due to the lower cost of materials and wages, China can manufacture goods for a far more reduced price. What’s more, due to their expertise in mass production Chinese manufacturers are able to deliver a level of speed and efficiency unmatched by any other nation. Learning How to Import from China.

China 54

Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Is Your Supply Chain Ready To Recover? Naturally, we at Argentus want to weigh in. It raises the alarm that the function will soon cease to exist, only to – as these “ X is dead“ articles often end up doing – assert that it will still exist, just in a very different form.

Commodity (or Category) Management – What is your Buying Strategy?

Supply Chain Game Changer

Check out What Exactly Is Procurement? Despite the magnitude of this cost however there is a wide range of focus put on managing this expenditure from proactive and strategic to reactive and tactical. A well constructed Procurement Strategy will raise the value of the Supply Chain to your company. How do you manage your materials spend? While the Commodity Manager is there to provide support their focus is more on the strategic management of the Supply Chain.

7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

Blog post originally published by Michael Massetti, Executive Partner at Gartner, at [link] and permission to publish here provided by Michael Massetti. Check out How To Differentiate With A Supplier Relationship Management (SRM) Program! Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Vendor is the most commonly used term to define the entire spectrum of suppliers. Subscribe Here!

It’s Time to Welcome The Supply Chain CEO!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Anyone who’s been paying attention knows that Supply Chain Management has emerged from its status a back-office function to become a major strategic differentiator for business. An article in the Wall Street Journal called Supply Chain the hot new MBA , outlines how more and more future business leaders are also coming around to seeing the function as a career of the future.

Seasoned Leadership in Action™ – An Interview with Bronwen Hann, President at Argentus

Supply Chain Game Changer

As I was looking to augment the content of Supply Chain Game Changer I was aware of the great articles that Argentus published on their blog to advance the profession. Bronwen, and Sam White, at Argentus have very graciously allowed us to publish their material on our site. This has served to advance our promise of sharing expertise and experience from around the world for the betterment of all. I think the ability to anticipate change and pivot has been a theme.

Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

Check out Quantum Leap to the Top 10 Supply Chain Skills of the Future! How many screens do you have? But for those who are learning about Supply Chain, or any other profession for that matter, is it best to acquire that learning and gain that experience just by watching screens? Or is it better in Supply Chain to learn based on actual physical experiences and interactions? Being able to “Google” anything at any time is amazing. Subscribe Here!

Video 46

Experts Choice Of Top Online Logistics Resources

Freightos

If you’re like me, staying up to date on supply chain news is critical. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Click on the boxes to the left to get started! If it’s not in front of you, it’s not going to happen. is one of the industry’s most respected logistics sources.

ThankX Delivery Services!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. ThankX article and permission to publish here provided by Bruce Leto Jr. He asked his wife one day – “What’s the expression in American culture used to demonstrate gratitude when a chore or task is completed on another’s behalf?”.

Supply Chain Visibility Not Just a Requirement for the C-Suite, But a Responsibility in Management

Cerasis

The latest John Oliver episode on Fashion (which you can watch below) featured shameful behavior and practices that were part of how products were and are being produced in third world countries. Some companies do not adhere to policy in a country that has little oversight of what many deem proper work conditions. C-suite execs plead ignorance to the conditions that are exposed and the consequences created. Price is not the way to win and is rarely a differentiating idea.

Going through business uncertainty? 3 strategies to cut costs & discover savings in your indirect spend

Xeeva

In contrast to direct procurement, indirect spend includes everything that goes into running a business that isn’t directly tied to the end product, such as maintenance, repairs, and operations (MRO), marketing, facilities, consumables, fleet, freight, travel and IT. In order to access these savings, you need to accurately size and scope your indirect spend first – but challenges with processes, capabilities, and data can hinder that. Procurement

Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

I spent the month of March trying to help business leaders mitigate the impact of the pandemic. My first focus was on China sourcing. My goal was to drive insights for business leaders on Forbes and LinkedIn. Sadly, the economy fell to the inevitable community spread. I firmly believe that the rebound of the economy requires strong supply chains, but to make this happen, we need to turn our backs on historic practices and innovate new ways of working.

Step Three: Stage Five Supply Chain Planning System of Record (SCP SOR)

Kinaxis

How many of you are familiar with the game Simon ? While Simon is really a memory game, what I really want to emphasize is that it is unpredictable. It is random; not sequential and your decisions have to be made quickly as the game speeds up at every turn. So how do you manage an integrated supply chain when you don’t know the sequence of events from day-to-day and any decision you make can impact your next action and also others in the organization?

What Value Are You Getting From Planning?

Supply Chain Shaman

The promise was not equal to reality. Termed ERP II by Gartner, the concept of integrated planning with tightly coupled ERP to Advanced Planning Systems (APS) could drive higher value. In this post, I share to spark a dialogue. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Additionally t he move from regional to global supply chain management decreased visibility.

The Reorder Point Formula: Everything You Need to Know

Unleashed

The more your business grows the more difficult it is to maintain ideal stock levels across your products. Setting a reorder point for your most important SKUs helps you determine when to replenish your stock, so that you have neither too much nor too little of any given item.

Should We Celebrate this Marriage?

Supply Chain Shaman

Is this a knot to be tied? At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. Together, we struggled to put together the pieces. My goal was to implement demand and supply planning. Ellen’s was to design and execute the transportation planning logic. Together, we sat on the bed and tried to map the process flows from supply planning.

SCM 159

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

WorldShipping.org cites data from The Network for Transit and the Environment that shows that measured by grams/kg/km air freight as the largest carbon footprint impact and steamships as the lowest. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S.

Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

At the recent McLeod Software User Conference , however, I delivered a keynote address to over 1,000 attendees, and most of them were carriers and transportation service providers. For my keynote presentation, I was asked to give the carriers in the audience a perspective of how emerging trends and technologies will impact shippers in the years ahead, which will ultimately impact them too. How do you plan for the future of transportation?

Driverless Trucks, China, COVID and the Future of the Supply Chain

Turvo

My husband and I, desperate to reclaim any small portion of our lives post 3 children had booked a summer getaway to CO. Although not ideal, we packed her up and planned to enjoy a post-baby getaway.with our new baby. Thankfully one other couple was crazy enough to participate with a baby strapped to them. Desperate to talk about anything BUT kids, the conversation quickly turned to our professions. An industry standard used to unify us.

Iowa 52

6 Digitization Steps to Overcome Supply Chain Disruptions & Build Resiliency

Turvo

The costs of supply chain disruptions vary based on the severity of the disruption, how quickly companies recover, and numerous other factors. According to Supply & Demand Chain Executive , supply chain disruptions resulted in costs of more than $56 billion in 2015, and five years later, that average is on track to more than double following the coronavirus crisis. Well, the digital supply chain is the ideal way to tap that value by digitizing documents.

Agile Supply Chain VS Efficient Supply Chain

DynaSys

FROM EFFICIENCY TO AGILITY. The ideal strategy to survive and prosper in a dynamic environment is to have an agile behavior that is conducive to change. An agile supply chain requires the ability to rapidly identify, evaluate and execute alternative supply chains scenarios. Agility implies the ability to detect, analyze and execute the best possible business decision regardless of traditional sources of supply and demand.

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Although benefits are received when new technology is added to a product, the surplus of earlier product remains stagnant or left in storage… costing a company valuable space and loss of funds.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year. These trends are clear in that technology will continue to, as it has over the last decade, drive change in supply chain management. What 2016 Supply Chain Trends to you expect to see?

Trends 192

Does Your Business Suffer From any of These Five Profit-Killing Confusions

EFT

Imagine a scenario where you need to make a decision and, in order to make a decision you need information, some of which is missing. Generally speaking, you will wait till you have enough information to have clarity and make a decision. I was recently talking to a CEO whose business suffered from plummeting profits in the last few years. To some extent, the general economic climate had a lot to contribute to this fall of profit.