The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement.

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

Supply Chain Shaman

NOVEMBER 29, 2021

Shippers pushed cost and waste backward in the supply chain. There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. The news reports symptoms, not root causes. Changing Analytic Capabilities.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. CEVA Logistics and other Eco-Skies Alliance leaders will work with United Airlines to collectively purchase approximately 3.4 MORE FROM THIS EDITION.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. Late 2021 saw Maersk continue to shift towards vertical integrations, with acquisition of Senator, a German freight forwarder for $644 million dollars. While Facebook is looking at virtual reality, Alibaba and Amazon are looking more at freight.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Freightos

FEBRUARY 16, 2020

The digitization of commerce created a path for giants like Amazon and Alibaba to dominate their respective storefront/fulfillment and sourcing roles in the market. million freight containers each year. That digital reach extended to importing as well.

Purchasing Skills 177

Purchasing Skills Supply Chain Software Price Reduction Manufacturing Procurement 177

Supply Chain Matters

NOVEMBER 2, 2023

After reports last week indicating that Seattle based digital freight start-up services provider Convoy was preparing for a possible sale or winding down of business operations there are indications that freight logistics platform provider Flexport will be the acquirer of Convoy’s underlying technology.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software San Francisco 59

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. online, which contributed to overwhelmed parcel shipping networks.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

QAD

AUGUST 16, 2022

Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict. Supplier visibility provides analytics and insights to inform your strategy. Global supply chains are suffering from what a recent research article from J.P.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Talking Logistics

MARCH 7, 2016

Freight tons moving on the nation’s transportation network will grow 40 percent in the next three decades while the value of the freight will almost double, increasing by 92 percent, according to the latest projections by the U.S. trillion in 2015). That is the “hundreds of billions of dollars” question.

Freight 100

Freight Purchasing Skills Procurement Analytics Cargo 100

GlobalTranz

AUGUST 1, 2018

Intermediaries may include financial experts, data analysts, freight auditors, and more. Applying blockchain in logistics and supply chain management is about doing more with less, a common concept in business, and shippers need to know a few things about how it could add value to the shipping ecosystem. GET YOUR FREE WHITE PAPER.

Supply Chain Planning Software 121

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Pharmaceutical 121

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. MSCN solutions provide supply chain visibility, network-based applications, and network analytics. When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

SYSPRO Smarter ERP

NOVEMBER 3, 2021

The SCOR (Supply Chain Operations Reference) methodology has six high-level business activities that define the supply chain – plan, source, make, deliver, return, and enable. can be measured to define this metric. This metric will require investigation of specific processes and functions in order to uncover underlying issues.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Supply Chain Network

AUGUST 6, 2012

Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks. Complacency halts resource optimization: More than half of 3PLs are satisfied with their current procurement process, and may be missing out on easy improvements to their networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Ware2Go

OCTOBER 21, 2021

Customer expectations for shipping are higher than ever. Why Shipping Costs Matter. In today’s anything, anytime connected world, shipping costs and delivery speed have become make-or-break factors for small-and-medium sized businesses (SMBs) across the business-to-business (B2B) and business-to-consumer (B2C) spectrum.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” This results in detention costs and delays in producing goods and delivering them to customers.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

Freightos

JULY 26, 2018

Not even B2B is spared from these changing expectations (which is why we at Freightos launched an online freight marketplace ). While freight industry executives likely sighed with relief when an update of Amazon’s logistics.amazon.com page on June 28th turned out to be nothing more than a franchise model for courier delivery services.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 134

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Talking Logistics

OCTOBER 29, 2013

What is this going to cost? You could answer them with a purchase order (P.O.) Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. Understand technology, information, and reporting tools and how to use them in the business. Sourcing uses P.O. Why is it late? When will it get here?

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

Freightos

DECEMBER 22, 2015

Whether it’s agile sourcing of hoverboards or finding the perfect gift for the person who has everything, technology is fixing the problem for good. Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. Source: Soar Boards, via Flickr. But it comes at a price.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

Supply Chain Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. The best illustration prompted by the current situation comes from a Reuters report today. “A

Supply Chain Planning Software 108

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Demand Planning Software 108

Locus Robotics

MARCH 9, 2023

Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

3rdwave

NOVEMBER 29, 2018

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain.

Optimal Sourcing 88

Optimal Sourcing Global Transportation Negotiating Skills Supply Chain Optimization 88

Supply Chain Matters

JULY 15, 2022

With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment. The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. Sourcing was both a cost as well as landed cost decision factor.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Intelligent Audit

OCTOBER 12, 2022

The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem. Also, shipping is connected to every industry that sells goods or products. Shipping Emissions Statistics & The Impact Carbon Emissions from Shipping Have on the Climate.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Zipline Logistics

OCTOBER 27, 2020

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Shoppers now want to purchase from brands that are congruent with their personal values. Now, when most think of sustainability, they think of ethical sourcing or environmentally friendly packaging.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Zipline Logistics

JULY 27, 2021

As produce transportation winds down and the freight market loosens slightly for the first time in several months, CPG shippers have the opportunity to prepare for the quickly approaching peak season. Peak season in this context is defined by increased freight volume associated with back-to-school shopping and the coming holiday season.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Sourcing Strategies Cost Reduction Strategies 52

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. FedEx Freight pension plan. We also called reader attention to FedEx’s announced plans to hike shipping rates 6.9

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

GlobalTranz

DECEMBER 18, 2014

All metal fabricators realize that they have to do some analyses before the company purchases equipmen t or hires new people, but now there seems to be a new intensity about the process. Use a Third Party Logistics Company : A prominent report supports the rising using of 3PLs as a way for shippers to take a competitive advantage.

Manufacturing Procurement 236

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 236

Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Enterra Insights

FEBRUARY 11, 2021

Running over top of existing infrastructure and systems, a bot copies data from one source and pastes it into another. ”[3] Even so, he notes, RPA can improve supply chain operations in a number of ways: It eliminates the manual input of purchase orders and other administrative tasks. Predictive maintenance. They are: 1.

Supply Chain Software 100

Supply Chain Software Analytics Software Predictive Analytics Software Gartner 100