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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. However, 48 to 72 hours would be an ideal lead time, reports Steve Raetz of Logistics Viewpoints.

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus. Reverse Logistics Supply Chain reverse supply chains

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

The 3 Pillars of Digital Procurement! I began my career working in a manufacturing plant within an international company that was completely vertically integrated. From component manufacturing through to subassembly manufacturing and end product assembly they did it all. Within 10 years the company experienced a number of site closures and declared that manufacturing was no longer a core competency. Subscribe Here! Email Address.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. The Supply Chain in the Financial sector is different from Manufacturing and Distribution for instance. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. From the outbound perspective the Supply Chain also arranges logistics and delivery. Subscribe Here! Email Address.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

The back bone of all of it is Digital Technology: The Internet of Things (IoT) End to End Digital Connectivity Cloud Computing Blockchain Big Data Artificial Intelligence Predictive Analytics Machine Learning Virtual Reality Augmented Reality Voice Activated Technology Wearable Devices Robotics 3D Printing and On Demand, Additive Manufacturing Cyber Security Autonomous Vehicles Drones Software as a Service (SaaS) and much more. Subscribe Here! Email Address.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. Top 15 Logistics Blog Posts of 2014.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? 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. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. If there is only one supplier for your materials and the supplier has a problem in manufacturing, quality, allocation, or even financial solvency this can disrupt your supply lines. This should inform your plans for sourcing and logistics.

Freight Industry Insights – FreightPOP Interviews Mike Mortson

Supply Chain Game Changer

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Industry article originally published by FreightPOP. We recently interviewed Mike Mortson, founder of Supply Chain Game Changer, about the trends he sees in shipping and freight. Mike is an industrial engineer with an extensive background in all facets of leadership, from supply chain management, procurement, manufacturing, ops, and I.T., They are still just a freight forwarder.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

The list of Incoterms is created and managed by the International Chamber of Commerce , and managing supply chain SLAs relies heavily on this decades-old list to ensure consistency and clear communications in contractual details for moving freight. Blockchain Eliminates Uncertainty Blockchain has great potential in eliminating counterfeit products and tracking freight, which costs upward of $250 billion annually, reports Share America , as well as manufacturing, processes.

Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits

Cerasis

Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. A distributor or manufacturer’s strength is in making product—its focus is procurement and streamlining production, but without the capability to fulfill orders, it is doomed. third party logistics industry was at a healthy 4.5

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

8 Ways Collaboration in Supply Chain Reduces Bottlenecks & Optimizes Results

Turvo

Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management. Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics.”

Leonardo da Vinci and Supply Chain Management

Enterra Insights

They need a general understanding of everything from procurement of raw materials to customer service. How can resources be procured at the best price? What are the best ways to move freight? How can artificial intelligence improve logistics? What do I need to know about reverse logistics? Review logistics processes for any gaps, and regularly monitor customer, supplier, and carrier performance.

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Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. What is Green Supply Chain Management : Green Supply Chain Management is all about delivering products and services from suppliers, manufacturers to end customers through material flow, information flow and cash flow in the context of environment. This contributes to lean manufacturing.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? Lawmakers are placing obligations on manufacturers to own the future of the materials they process. The Digital-First Logistics Effect.

The Agile Supply Chain! Why Agility is Trumping Lean!

Supply Chain Game Changer

Once, the lean supply chain was considered to be the most effective form of manufacturing and supply chain management. By making a supply chain able to respond to such issues immediately, supply chain entities can successfully navigate the turmoil that may arrive and present itself throughout the course of manufacturing, shipping, and the reverse logistics supply chain. SCM #SupplyChain #Lean #Distribution #Logistics #Procurement. Subscribe Here!

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The Top 10 Transportation Management Systems

The Logistics of Logistics

Oracle, the world’s third-largest software maker by revenue, has spent over eight years refining its logistics and transportation software and now offers the most extensive supply chain suite in the market. Oracle’s “Transportation Management” app provides an opportunity for shippers and third party logistics companies to execute all supply stages in every transportation medium. Appian Logistics Software Suite. The Top 10 Transportation Management Systems.

2018 Supply Chain Trends: Omnichannel, Customer Experience, & Regulations to Shape the Industry

Cerasis

According to Talking Logistics With Adrian Gonzalez , due to the complexity of integrating the so-called long tail of suppliers, carriers, customers and other trading partners, companies have followed the 80/20 rule to keep costs down. Better returns management and reverse logistics are essential to keep pace with the growing demand for e-commerce. Change will flow throughout all supply chains in 2018, regardless of products or services offered.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Top Logistics & Supply Chain Journalists & Thought Leaders We Follow. David “Dave” Blanchard is the Senior Director of Content at EHS Today and Material Handling and Logistics. Steve Banker is the Vice president of Supply Chain Management at ARC Advisory Group and co-author of Logistics Viewpoints.