These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement. Integrated Procurement and Payment Systems Simplify the Process.

Overcoming Ocean Freight Procurement Hurdles in 2019

CHAINalytics

Many organizations are consistently missing the mark with their transportation spend due to contract rate increases and fluctuating spot rates on ocean freight lanes. The lack of visibility needed to keep your ocean freight management in line with your forecast presents additional challenges for shippers. Also, due to a larger emphasis on domestic spend, international … The post Overcoming Ocean Freight Procurement Hurdles in 2019 appeared first on Chainalytics.

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

Lessons in Transportation Sourcing Optimization Presented by Chainalytics & Coupa

CHAINalytics

The post Lessons in Transportation Sourcing Optimization Presented by Chainalytics & Coupa appeared first on Chainalytics. Blog Transportation coupa Freight Procurement freight sourcing sourcing optimization Transportation Procurement transportation sourcing Truckload procurement

Supplier Diversity in Logistics!

Supply Chain Game Changer

According to the Harvard Business Review , “ An inclusive procurement strategy widens the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

How Does Procurement Create Value? Insights from CPO Speakers at Zycus Horizons Conference

Supply Chain View from the Field

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Chris Sawchuck from the Hackett Group interviewed three heads of procurement from three large companies, and asked an important question. Does procurement add to top line revenue.

Blockchain Comes to the Freight Industry

Supply Chain Brain

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. There was a perfect storm in terms of interest in the technology and how it would potentially impact the freight industry,” Fuller says. As it stands today, however, blockchain isn’t a solution that can be instantly embraced by the freight industry.

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

Supply Chain Game Changer

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services. Raw Materials, Buyers, Planners, Product Data Management, Commodity Managers, Freight and Logistics, Distributors, Suppliers, Systems (eg. Subscribe Here!

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

Time to Squeeze Carriers for Better Rates?

Talking Logistics

There was a deceleration in freight volumes during the second half of 2015 which continued into the first month of 2016. So, that tells me that the inventory situation continues to weigh on truck freight volumes. The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 percent in December from November , with December 2015 freight shipments down 2.0

3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. And, accordingly, each industry procures and manages capacity differently to navigate these challenges and drive positive outcomes.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

You will likely need to overcome the barriers presented by those who resist change and hang on to sacred cows, but through leadership and perseverance you have a tremendous opportunity to greatly improve your Supply Chain through disintermediation. Business Process Optimization Freight and Logistics Lean Process Improvement Procurement Supply Chain Management Productivity improvementSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Want Success?

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.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham.

What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

What Exactly Is Procurement? So here we present a short video of many varying definitions of Supply Chain Management. supplychainmanagement #scm #supplychain #procurement #logistics #distribution #purchasing #technology. Freight and Logistics Inventory Management Procurement Reverse Logistics Supply Chain Management Technology Distribution Logistics Purchasing SCM supplychain supplychainmanagementSubscribe Here! Email Address. And What is Purchasing?

SCM 47

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychainSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

7 Essential Attributes of Strategic Supplier Partnerships!

Supply Chain Game Changer

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Corporate values are the “persona” that is presented on a daily basis by the company(ies) and how it engages in and around itself. Leadership #Business #SCM #SupplyChain #Procurement #Purchasing. Freight and Logistics Guest Blog Post Procurement Supply Chain Management Business Leadership Purchasing SCM supplychainSubscribe Here! Email Address.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Logistics #Freight #SCM #SupplyChain #Business #Leadership #HumanResources. Guest Blog Post Human Resources Procurement Supply Chain Management Business Freight HumanResources Leadership Logistics SCM supplychainSubscribe Here! Email Address.

Top 10 Tips for Career Success!

Supply Chain Game Changer

It is most likely that during your career you will be presented with new opportunities. They took chances with me and presented me with wonderful opportunities. Freight and Logistics Human Resources Procurement Supply Chain Management Career LeadershipSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Ground Rules for Creating a Game Changing High Performance Organization (HPO)! Success means different things to different people.

The Supply Chain Detective™! In Search of Broken Supply Chain Clues!

Supply Chain Game Changer

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. At the end of their stint of several months with us they presented their results in a couple of areas specifically. In the area of Procurement they did a lot of benchmarking and highlighted deficiencies in our materials costing and pricing processes, and the resultant uncompetitiveness and financial shortfall that resulted therefrom.

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

Supply Chain Game Changer

We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain. We recognized the emergence of contingent staffing (contract) within Procurement and Supply Chain several years before a few others, and expanded our business to service that area. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Subscribe Here! Email Address.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Robots, drones, conveyance and automatic sortation are elements of present day and future supply chains that will continue to evolve. Additionally the ability of computers to learn and analyze will allow for the creation of information analyzed and presented to those in need. Planning, Procurement, Manufacturing, Logistics, Inventory Management and more are most often activities assigned to some internal organization. Subscribe Here! Email Address.

Insights from MercuryGate User Conference 2014

Talking Logistics

That was the central question Hope Federer, Senior Solutions Consultant at MercuryGate, addressed in her kick-off presentation. Hope provided several examples, including MercuryGate’s tight integration with Freight Friend , which the company helped to launch in 2011. On the surface, Freight Friend has similar features to other online load boards.

Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Check out Do you have a Freight Management Strategy or are you Spinning your Wheels? One of the services that was very compelling was our Freight Management service. From a customer perspective they would get typically 5-15% cost savings on their current freight rates across the various modes and lanes which they used. The Freight Management service and the TMS capability were compelling. Take pride in leveraging all of the capabilities that are presented to you!

Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

One of the services that was very compelling was our Freight Management service. From a customer perspective they would get typically 5-15% cost savings on their current freight rates across the various modes and lanes which they used. The Freight Management service and the TMS capability were compelling. Take pride in leveraging all of the capabilities that are presented to you! . Most Procurement people like to manage and control Supplier relationships themselves.

Disruption in the Freight Brokerage Industry: How to Secure Your Brokerage’s Future

Parade

Freight brokerages and logistics companies with capital are aggressively purchasing other companies with technology assets— this behavior has been accelerating, with a different acquisition or merger taking place every two weeks. For example, earlier this year, Redwood Logistics bought Strive Logistics, and combined, they now have over $1 Billion in freight under management. big disruption in the freight brokerage industry is coming.

4 Truckload RFP Strategies to Achieve Efficiencies and Cost Savings

CH Robinson Transportfolio

As we face unprecedented market volatility, it is increasingly challenging to forecast and plan your truckload procurement strategies. Be aware that lane consistency and volatility matter and can influence your procurement strategy. Procure IQ leverages data from C.H.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Don’t view procurement as a tactical, routine annual exercise that must be completed quickly in order to meet your current customer demand at the lowest possible cost.

Our 2018 Top 10 List!

Supply Chain Game Changer

And we were selected as one of the Top 25 Procurement blogs in the world. With so many people working in Supply Chain it is only fitting to understand the History of Supply Chain management which is brilliantly presented to us in this article by Jason Rosing at [link]. The Future of the Chief Procurement Officer … Is Already Here! SCM #SupplyChain #Business #Leadership #Technology #HumanResources #Lean #Industry40 #Procurement #Logistics #Distribution #ECommerce.

Food 50

What Exactly is Blockchain? And How Does it Work? (Infographic)

Supply Chain Game Changer

The analogy I like best in describing how a Blockchain works involves either a Spreadsheet, a Contract, a Word document or a Powerpoint presentation for instance. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. SCM #SupplyChain #Technology #blockchain #AI #Iot #Logistics #Procurement. Freight and Logistics Procurement Supply Chain Management Technology AI Blockchain IoT Logistics SCM supplychain

Our 2020 Top 10 List!

Supply Chain Game Changer

Continuing in our tradition of years past we present here our Top 10 articles for the first half of 2020. supplychainmanagement #coronavirus #procurement #logistics. Environment Freight and Logistics Procurement Strategy Supply Chain Management LogisticsSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. As we continue on in our 4th year here at Supply Chain Game Changer we have realized some exciting milestones.

Our 2019 Top 10 List! (Part 2)

Supply Chain Game Changer

Our audience and reach continues to expand with Supply Changer now being ranked as one of the Top 20 Supply Chain blogs in the world and one of the Top 15 Procurement blogs in the world. Here we present our Top 10 list for the second half of 2019. Featuring Our 12 Best Procurement Articles! Featuring Our 12 Best Procurement Articles! Manage Procurement Spend Like It’s Your Own Business! Manage Procurement Spend Like It’s Your Own Business!

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

The biggest issue today that shippers have to worry about is freight loss claims, personal injury, and of course, liability! Most have $1M of coverage for the carrier, because even though they did not cause the damage in many cases, they were present. GPS shipment trackers can track freight over the globe, helping to avoid cargo theft, understanding where it takes place and seeking advice of areas to avoid.

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

But for businesses of just about every type, the disruptive impact of the epidemic was something more ominous: It presented an existential threat to their survival. And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

TMS for SMB: A Case Study with Carhartt

Talking Logistics

I began my presentation at last month’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference with that question, in a session titled “TMS for SMB: A Case Study with Carhartt,” where I co-presented with Andra Gibson (Project Manager, Logistics Service Solutions at Carhartt) and Gregg Lanyard (Director, Product Management at Manhattan Associates). Its freight spend? Gibson highlighted in her presentation, Carharrt is experiencing rapid growth.

5 Ways to Prepare Your Supply Chain for an Efficient Holiday Rush

OneSCM

Call a staff meeting and be transparent, presenting snapshots of what is forecasted the next quarter. A highly functional supply chain has increased visibility of freight, location of products, and inventory. Each shipper only pays for the weight of the freight and the space it takes up versus the full load. Ready or not, the holidays are coming.