NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Game Changer

JULY 3, 2019

What will ensure the delivery of quality products and services to consumers? I’m not talking about quality in the sense of perfectly constructed products. I’m talking about quality products; the ones built with social, environmental and commercial impact in mind. Sustainability is created from Responsible Sourcing.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Logistics Viewpoints

DECEMBER 5, 2022

There was no air freight possible then into Europe,” added Gerald van den Eijnden. You would call up the freight forwarders, and they would send an Excel spreadsheet” that contained all the shipments for Molex in the coming days or weeks. The data from Infor Nexus also helps the transportation teams do better carrier sourcing.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

Logistics Viewpoints

FEBRUARY 26, 2024

And then, trying to make sure we were getting quality products.” “Our Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. So, suppliers were asked if they used carriers or their own trucks to haul freight. The world is changing.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

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. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Potential U.S.

Optimal Sourcing 94

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

Intelligent Audit

SEPTEMBER 15, 2021

Discovering billing mistakes through leveraged data from freight audits helps shippers identify cost-cutting opportunities through accurate invoicing and payment processing. Freight audit savings might arise from recouping costs due to overbilling, service guarantee failures, or simply using the wrong carrier for each load.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

AFFLINK

AUGUST 17, 2022

Without the equipment and materials needed to ramp up production, consumer demand will continue to outpace delivery, leaving few distribution companies with the connections or sourcing capabilities to consistently meet customer fulfillment. Labor Shortages In warehouses, 73% of operators can’t find enough workers (Instawork).

Manufacturing Procurement 62

Manufacturing Procurement Supply Chain Software Optimal Sourcing Demand Planning Software 62

EC Sourcing Group

NOVEMBER 23, 2021

A Request for Proposal (or RFP as it is more commonly known) is one of the most important pieces in sourcing and procurement and the overall supply chain. However, this can be a tedious process if you’re still sourcing using spreadsheets or haven’t made your procurement process digital quite yet. Ocean freight.

EC Sourcing 52

EC Sourcing Material Savings Manufacturing Procurement Price Reduction 52

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Without goods and services, nothing can be produced, which would make procurement impossible. The importance of quality in supply chain management can be understated at times.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Being in the logistics and transportation industry, we recognize our responsibility in preserving air quality, fighting climate change and accelerating energy transition. The CMA CGM Group aims to achieve carbon neutrality by 2050. We also look to reduce or eliminate the use of plastic packaging. Photo Credit: United Airlines.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” ” Yet leaders with high-quality master data are 1.5x less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

QAD

FEBRUARY 7, 2023

Performance, quality, compliance, ethics, geographic challenges, and more must be considered in regard to each supplier to assess their value versus risk potential. These can be unique to your business or industry, but factors like quantity, quality, location, and price are commonly used.

Price Reduction 98

Price Reduction Material Savings Vendor Strategies Inventory Reduction 98

EC Sourcing Group

MARCH 12, 2023

Identify your data sources that can help identify supplier performance. Some of the most common invoice errors include charging the wrong item price or for the wrong quantity, or charging freight which is not contractually allowed. Update the data frequently because interactions and transactions with the supplier change often.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

GlobalTranz

APRIL 6, 2015

Typically, total cost, quality, and delivery performance appear as critical factors in the supplier selection process. Data coming from different sensors located at different suppliers from their production and transportation operations, carry a lot of information regarding the quality of production process and timeliness of delivery.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. Dynamic routing has empowered logistics providers to consider plans B, C and D, offering alternative options of ocean and air freight cargo.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

NOVEMBER 21, 2018

The sad reality w as the escalation of costs and a reduction in the quality of plan output. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. The problem is that the acceptance of lanes by the carriers does not force the carrier to accept the freight when tendered.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Resilinc

NOVEMBER 29, 2021

Within a week of the COP26 conference wrapping up, massive floods in British Columbia severed the freight railroad serving the Vancouver, home of Canada’s largest port. The vulnerability of these three regions highlights the complexity of factoring climate change into sourcing decisions. If so, when?

Supply Chain Design Software 62

Supply Chain Design Software Manufacturing Procurement Sourcing Strategies Supply Chain Design 62

Supply Chain Opz

JANUARY 22, 2016

Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years. Strategic procurement platforms help organizations analyze their data and make it actionable.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

Unleashed

MARCH 23, 2021

Materials management involves the sourcing, procurement, storage and utilisation of direct or indirect materials (see below) used in the manufacturing process. The main responsibility of a materials manager is to source the right goods at a reasonable price. Sourcing and purchasing. Right sources. Direct materials?

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

GlobalTranz

MAY 1, 2015

Data can indicate issues with procurement , product quality, and delivery. A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. Buyers are moving away from selection based solely on purchase price and quality discount. A New Unique Selling Proposition?

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

Supply Chain Game Changer

FEBRUARY 27, 2019

Risks exist in land, air and ocean freight. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Extreme weather represents one of the most significant risks to ocean freight on the globe. Source raw materials from reclamation centers where possible. Data Integrity and Quality.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Enterra Insights

JANUARY 17, 2019

technologies that interact, communicate and create lakes of vital freight information is now entering the supply chain and these will be instrumental in bringing about the smart supply chain.”[2] ”[1] Those arguments still hold. The changing manufacturing environment is often described as Industry 4.0 (i.e., ”[4].

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

ThroughPut

FEBRUARY 23, 2024

Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights.

Predictive Analytics Software 59

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

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! De-Carbonising Road Freight Operations: Bridging the Know-Do Gap.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

CH Robinson Transportfolio

JUNE 29, 2020

Over the past several months, China has been the main source for PPE. So, it’s important you’re up to date on the latest regulations to avoid your freight being held up. Metered freight solutions. In this environment, we’re seeing companies turn to air freight to move their personal protective equipment quickly.

Shipping 56

Shipping Manufacturing Procurement Cost Reduction Strategies Canada 56

Supply Chain Game Changer

JUNE 11, 2019

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.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

DynaSys

JANUARY 21, 2020

By utilizing optimization techniques, we have sought to minimize procurement costs absorbing larger order quantities and longer lead-times; we plan for longer manufacturing runs to drive a higher return on assets and full-container load land and marine freight to reduce transportation unit costs. FROM VISIBILITY TO ACTIONABLE INSIGHTS.

Sourcing Strategies 94

Sourcing Strategies Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software 94

Supply Chain Opz

JUNE 23, 2014

4) Combine Multiple Methods Sometime you have multiple sources of forecast data (your own forecast from historical data, forecast adjusted by sales team, forecast from customer) what you should do in this case? 6) Obtain reasons for forecast adjustment A sales team tend to make a forecast adjustment without adequate market information.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Supply Chain Matters

JULY 15, 2022

Similar to the Apple consumer electronics experience, the consumer is attracted to the quality and features of the hardware, and to the various subsequent added services and experiences that the hardware supports via add-on subscriptions. 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

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. The number of materials in a product and from where these materials are sourced have big impacts on the supply chain costs. Transportation. Conclusion.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. The number of materials in a product and from where these materials are sourced have big impacts on the supply chain costs. Transportation. Conclusion.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Sourcing The number of materials in a product and from where these materials are sourced have big impacts on the supply chain costs.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Logichain Solutions

SEPTEMBER 9, 2019

Collaboration between marketing, product development, finance, procurement and supply chain teams saves costs along the value chain and gives your brand a competitive advantage. Sourcing The number of materials in a product and from where these materials are sourced have big impacts on the supply chain costs.

Supply Chain Design 40

Supply Chain Design Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 40

Supply Chain Game Changer

JULY 29, 2021

The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment.

India 105

India Supply Chain Saudi Arabia Portugal 105

Talking Logistics

JUNE 7, 2018

Research done by DAT Solutions, a spot freight marketplace, reports that as many as 32 percent of drivers experience delays of more than two hours at one stop. Make contract sourcing easier and faster and more aligned with the market. billion in income annually due to delays. Clearly detention time is more than an inconvenience.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Capacity 101

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: DHL, Artificial Intelligence in Logistics, 2018 (PDF, 45 pp., no opt-in). 15th, 2017 (PDF., no opt-in). no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Talking Logistics

JANUARY 8, 2015

This will be possible through a platform approach to transportation management that delivers a unified control structure, and drives savings by aggregating sourcing volumes and optimizing end-to-end transportation. Assuring Data Quality. A key segment of the partner friendliness dialog centers on data quality.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100