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%. In a nutshell, RPA helps businesses execute core processes faster and with fewer resources. Procurement. Purchase Order Management. Freight Management.

Supply Chain Software 246

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

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Resourcing.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

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

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

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.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

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. Plus, other significant losses are production time, resources, and of course, money.

Predictive Analytics Software 59

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

GlobalTranz

FEBRUARY 13, 2017

Although rate volatility is expected to stabilize in 2017, organizations must do more with fewer resources to survive. According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. The election is over, but the race is just starting for logistics providers.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. De-Carbonising Road Freight Operations: Bridging the Know-Do Gap. Developments. Green Skies?

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Advanced digital solutions make the labor workforce much more productive by reducing travel times, increasing throughput, improving fill rates and optimizing available human resources.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Talking Logistics

JULY 19, 2018

The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. is what drove the first wave of demand for real-time freight visibility solutions.

Real-time Visibility 101

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 101

BlueYonder

FEBRUARY 17, 2022

By the end of the ‘90s, more companies focused on ERP (enterprise resource planning) upgrades, mainly driven by challenges from first generation code that did not support Y2K. Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Logistics Bureau

NOVEMBER 16, 2020

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Delays and unforeseen circumstances do occur.

Vendor Strategies 139

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 139

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Cost Control Will Be Even More Important.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Unleashed

MARCH 23, 2021

Chances are, especially in this strange new economy, life is going to get fairly complicated as you need to adjust the supply of materials to meet changing demand , as well as account for all the other little details that come along with purchasing and utilising materials. Sourcing and purchasing. Cut materials costs.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

NC State SCRC

JANUARY 15, 2016

In my most recent blog, I described the type of person that organizations such as Apple are seeking to find : tech savvy, smart, humble, able to work on unstructured projects with challenging requirements, analytically oriented, and most of all, willing to learn and take on new problems! So did Tom Falk at Kimberly Clark.

Supply Chain Planning Software 40

Supply Chain Planning Software Procurement Analytics Supply Chain Software Purchasing Skills 40

Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. ” Improving supply chain management strategies. .” ”[7].

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

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. Sourcing was both a cost as well as landed cost decision factor. The company was eventually forced to transport its bikes and equipment by more expensive air freight to avoid congested U.S.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Supply Chain Game Changer

NOVEMBER 13, 2018

Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. The baseline metrics for performance of a partner are the same operational parameters used for other suppliers. Success will be contingent upon appropriate resource allocation and investment by all involved.

Vendor Strategies 64

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 64

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

MARCH 23, 2021

Is Your Supply Chain A Cost Centre or a Value Creator? These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas. GET our EBOOK HERE. Supply Chain responsibilities are vast in any organization. New Supplier and Materials Set Up. Customer Order Commitment.

Supply Chain Planning Software 64

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Negotiating Skills 64

QAD

JULY 8, 2021

Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely. Without the full planning horizon, suppliers are left guessing what to order and how to best allocate their production resources. In the case of semiconductors, lead time was reported anywhere from 22 to 26 weeks.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

GlobalTranz

JANUARY 4, 2016

You can model workflows through the facility, test measurements, even “field test” rearrangements—all virtually. Freight/Container Loading: Augmented reality could replace the need for a physical cargo list and load instructions. 2016 Supply Chain Trend #6: Procurement’s New (read Bigger) Role in the Supply Chain.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Supply Chain Game Changer

NOVEMBER 24, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out Is Your Supply Chain A Cost Centre or a Value Creator? Whereas different Supply Chain functions used to be siloed (planning, operations, procurement, etc.), Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Manufacturing Procurement Supply Chain Software 48

Oracle SCM

SEPTEMBER 12, 2019

Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 80

Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Think about purchase order management.

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Requis

SEPTEMBER 30, 2019

Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. Procurement, logistics, and operations were seen as separate – but that perspective isn’t helpful today. For the full details, listen to Supply Chain Next on Soundcloud > Learning Resources.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

Requis

SEPTEMBER 30, 2019

Supply chain is a relatively new discipline that rose out of the procurement, logistics, and operations disciplines. Procurement, logistics, and operations were seen as separate – but that perspective isn’t helpful today. For the full details, listen to Supply Chain Next on Soundcloud > Learning Resources.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Predictive Analytics Software Procurement Solutions 40

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

FLEXE

JUNE 14, 2018

Now, its two-day promise isn’t even its fastest offer—for many Amazon purchases, next- or same-day delivery is available and free. Assumptions and intuition don’t drive business decisions, quantifiable metrics do. Post-purchase operations can feel like it’s out of your hands. Do they want fast shipping? Free shipping?

Procurement Analytics 34

Procurement Analytics Purchasing Skills Procurement Solutions Resource Reduction 34

Supply Chain Game Changer

SEPTEMBER 17, 2019

Ninety-five percent said they plan to spend more this year than last, and 60 percent will spend more than $1 million over the next two years on disruptive technologies such as robotics, automation, predictive analytics, artificial intelligence, and the Internet of Things (IoT).

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 59

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Bureau

OCTOBER 6, 2017

Your answers might help you identify some quick steps to save through effective inventory control: Do you practice clarity and honesty when reporting inventory levels? If you want to manage inventory effectively, your reporting must include a breakdown of these three categories. The freight was all outsourced of course.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40