Remove Freight Remove Procurement Remove Report Remove Supply Chain

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

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Manufacturers must work to consolidate incoming supplies and outgoing shipments to make their incoming and outgoing freight more attractive to major carriers. Consider Cyber Security Concerns in the Procurement Supply Chain.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. Important Digital Procurement Trends. What Is Digital Procurement?

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

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Do You Have Hidden Freight Costs? Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. Whether you are a BCO (Beneficial Cargo Owner), Freight Forwarder or NVOCC it is essential that you get this critical component right.

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. 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. Supply Chain

5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

Cerasis

Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

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. As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Effective Reverse Supply Chains. Reverse Logistics Supply Chain reverse supply chains

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year. What 2016 Supply Chain Trends to you expect to see? But, Wait.What is the Digital Supply Chain?

Trends 192

Supply Chain Compensation is on the Rise!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. This week saw one of the year’s most highly-anticipated releases in the Supply Chain industry: the Institute of Supply Management (ISM)’s annual salary survey. It’s pretty common knowledge by this point that Supply Chain professionals are in high demand. The top line takeaway is this: the Supply Chain salary picture is in a good place.

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

Cerasis

Managing supply chain SLAs have the added complication of geographic and cultural barriers. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms. 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.

Coronavirus reminds us to review supply chain continuity plans

NC State SCRC

The most critical outcome of this issue is the tragic loss of life, but for those who work in supply chains, it is also a time to “dust off” your business continuity plans, and begin to think through how the virus may spread and impact your business enterprise. China is the epicenter of global manufacturing, and as a result of quarantines and shutdowns, major portions of their supply chain will be cut off from the rest of the world.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

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. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course! I have been in the Procurement organization trying to get our arms around spend. This may be the head of Procurement, the CFO, the COO or the CEO. Clear Reporting.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations.

How to Procure Full Truckloads in Tight Capacity

Cerasis

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity.

Challenges in the Cannabis Supply Chain!

Supply Chain Game Changer

Blog post originally published by, and permission to publish here provided by, Argentus a boutique recruitment firm focused on Supply Chain and Procurement. Check out Food Waste and World Hunger – The Food Supply Chain is Broken! So as a recruitment agency focused on Supply Chain across a number of industries, we think it’s time to weigh in on Supply Chain challenges – and talent needs – in the cannabis field.

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. BONUS : Download the Guide To LTL Freight Mangement White Paper. 10 LTL Procurement Cost Cutting Tips. Develop clear bid objectives, mandates, and supply chain change requirements.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

Full Truckload Technology: The Various Technology Involved in Full Truckload Freight Shipping Management

Cerasis

The most recent report on adoption rates of TMS is from 2015, with only 35 percent of shippers actively using a TMS, asserts Bridget McCrea of Logistics Management. In full truckload freight management, technology will make or break plans for keeping freight spend in check. Demand for record-breaking speed of delivery and free shipping are only making the case for greater use of technology in full truckload freight shipping management, and shippers need to understand why.

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Reported by GPCA, “China is one of the key destinations for GCC polyethylene exports. Following COVID-19 the global chemical supply chain market reported a severe decline in output. Overcoming these challenges, regional chemical manufacturers and suppliers are now forced to rethink and readjust their global supply chain model.

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

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Game Changer Job Board! Supply Chain heroes article originally published by, and permission to publish here provided by, Adam Robinson on [link]. . Supply chain leaders and heroes will face the year with uncertainty and opportunity. Supply Chain Managers Will Focus on Increasing Perfect Order Deliveries. Service Supply Chains Will Dominate the Market.

The state of supply chains: Aerospace

EFT

Aerospace supply chains stalled in March when Covid-19 saw airlines ground most of the world’s passenger aircraft. The supply chain was working hard, investing in capability and capacity to allow an increase in the number of aircraft being produced.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Bottom line: Machine learning makes it possible to discover patterns in supply chain management data by relying on algorithms that quickly pinpoint the most influential factors to a supply networks’ success, while constantly learning in the process. Discovering new patterns in supply chain data has the potential to revolutionize any business. New knowledge and insights from machine learning are revolutionizing supply chain management as a result.

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

Supply Chain Game Changer

Check out The Supply Chain Game Changer Job Board! Supply chain leaders will face 2018 with uncertainty and opportunity. Digital technologies are becoming more prevalent in basic supply chain functions, and changes in legislation are likely to spur dramatic changes that will result in the need to reevaluate supply chain strategy in both domestic and international locations. Service Supply Chains Will Dominate the Market.

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. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

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

Cerasis

This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. 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. Because all of the activity happens in this transportation management platform, several reports and custom analysis can be created.

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Contents Supply Chain Movement 21 – 2016 Q2. Major organisational and cultural changes lie ahead for supply chain management. The supply chain software industry is in a considerable state of flux. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise. 29 | Checklist Freight Spend Management.

S&OP 60

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Technologies Reshaping the Global Digital Supply Chain! Imagine what the future will look like in Supply Chain! There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. The technologies that we are familiar with today, whether they are already in use in our companies, aspirational capabilities or part of some far reaching strategy, provide the platform for the Supply Chain of the future.

The Supply Chain’s Vision Problem

Enterra Insights

Supply chain visibility remains elusive despite decades pursuing it. Arnaud Morvan states a simple truth, “It’s difficult to see, measure and improve what’s happening across the supply chain.”[1] That sums up supply chain operations at a lot of companies today: It’s difficult to see, measure and improve what’s happening across the supply chain.” ” Cognitive technology and supply chain visibility.

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be. Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to.

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. To ensure your organization applies data correctly and generates meaningful KPIs , supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track in 2020. Challenges in Tracking Supply Chain Data in 2020.

Data 43

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Accurate freight and transportation data is particularly important. Seizing control of freight and transportation spend can improve operating income by five to 10 percent, and boost stock prices by 10 to 20 percent, according to an Accenture study, From a Shipper’s Market to a Carrier’s Market. Matrix Report.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Global 216

Leonardo da Vinci and Supply Chain Management

Enterra Insights

Supply chain managers probably come as close to being generalists as anyone in the business field. They need a general understanding of everything from procurement of raw materials to customer service. That’s why Lora Cecere ( @lcecere ), founder of Supply Chain Insights, insists, “The supply chain IS Business, not a department within a business.”[1] 1] The more complex businesses become the more important supply chains are.

Turkey 100

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.

Improve Supply Chain Management to Improve Business

Enterra Insights

Most people never think about supply chain operations. 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. The importance of supply chain management. ” Improving supply chain management strategies.

Turkey 100