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

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. As a result, more shipments can be placed on “fast lanes,” reducing overall freight spend and duration of shipments.

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. Effective Reverse Supply Chains. As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus. Reverse Logistics Supply Chain reverse supply chains

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

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. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

The 3 Pillars of Digital Procurement! You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement. The first problem was that no matter who we talked to at the company to introduce the service, including CEOs and CFOs, the next step always involved us getting referred to the Procurement department.

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. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues. From the outbound perspective the Supply Chain also arranges logistics and delivery. Subscribe Here! Email Address. Check out Brand Protection – The Definitive Role of the Supply Chain!

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

Supply Chain Game Changer

What Exactly Is Procurement? What Exactly Is Reverse Logistics? 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?

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Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. It will include any of your logistics carriers and all of your customers. Planning, Procurement, Manufacturing, Logistics, Inventory Management and more are most often activities assigned to some internal organization. supplychainmanagement #supplychain #scm #futurism #procurement #logistics #technologytrends. Subscribe Here! Email Address.

Our 2019 Top 10 List!

Supply Chain Game Changer

Here at Supply Chain Game Changer our fundamental mission has been to share experiences and expertise in the areas of Supply Chain, Logistics, Distribution, Procurement, Business, Human Resources and more. Hey Procurement! Procurement is a critically important function in virtually every company. Without Procurement, or Purchasing, most organizations could not even function. In this article we promote the value of Procurement. Hey Procurement!

Our 2018 Top 10 List (Part 2)!

Supply Chain Game Changer

What Exactly is Procurement? What Exactly Is Procurement? Procurement and Purchasing are also two terms that can be used synonymously by some but they are also used to describe two different things by others. Procurement sounds similar but it seems to be a loftier term in some respect. What Exactly is Reverse Logistics? What Exactly Is Reverse Logistics? Reverse Logistics is another phrase that is not necessarily understood by all.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. TCO models can include variables such as unit price, Accounts Payable terms, cost of quality, lead times, technological value, logistics costs, management costs and more. Don’t Overlook the Role of Reverse Logistics. Reverse logistics is a pivotal lever in the fight to combat any crisis.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Invariably those metrics include cost reduction, productivity improvement, delivery performance, lead time reduction, asset velocity, cash flow improvement, customer satisfaction, revenue growth and enablement, competitiveness, environmental protection and sustainability, and product return rates and reverse logistics. Business Process Optimization Freight and Logistics Lean Process Improvement Procurement Supply Chain Management Productivity improvement

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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The Baby Supply Chain!

Supply Chain Game Changer

This involves a set of logistics in and of itself in terms of going to the doctor, having the tests done, sending the tests to a lab, and having the results returned. Over time they will try to time when baby is fed as they work to get the baby on a regular sleeping schedule. Logistics comes into play in the Baby Supply Chain. Reverse logistics in action. SCM #SupplyChain #supplychainmanagement #logistics #freight #transportation #distribution #procurement #baby.

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Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. As the saying goes “With great power comes great responsibility” Procurement integrity is absolutely essential. Subscribe Here!

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.

Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce Logistics

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

Cerasis

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. Blockchain Eliminates Uncertainty Blockchain has great potential in eliminating counterfeit products and tracking freight, which costs upward of $250 billion annually, reports Share America , as well as manufacturing, processes.

Mitigating Logistics Risk Through Blockchain

Shipchain

Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. Let’s look at the problem of risk management in logistics and how traceability through blockchain reduces those risks. Logistics Risks Lead to Higher Freight Spend. Logistics risks impact freight spend in multiple ways. The self-fulfilling cycle continues with more delays leading to increased freight spend.

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

Cerasis

Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. 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. third party logistics industry was at a healthy 4.5 Businesses today often need a bit of help moving their bottom line forward.

Top Logistics & Supply Chain Blogs We Followed in 2018 & Suggest You Follow in 2019

Shipchain

We follow an exhaustive list of supply chain and logistics blogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics. Published by MTS Logistics, this blog also focuses on the world of ocean shipping and international trade concerns, key concerns that exist in blockchain circles.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

To ensure your company tracks the right supply chain data in 2020, approach data management from a critical view—considering its impact from procurement through outbound freight and even reverse logistics. Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared.

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8 Ways Collaboration in Supply Chain Reduces Bottlenecks & Optimizes Results

Turvo

Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management. Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics.”

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Omnichannel logistics challenges. The expectation of instant consumer gratification has businesses scrambling to shore up their supply chain to ensure cost-effective on-time delivery, which is where omnichannel logistics comes into play.”[3] ”[3] Legacy staff members identify 9 top omnichannel logistics challenges businesses generally face. Selecting the right shipping method for the right customer situation is essential to omnichannel logistics.”

Leonardo da Vinci and Supply Chain Management

Enterra Insights

They need a general understanding of everything from procurement of raw materials to customer service. How can resources be procured at the best price? What are the best ways to move freight? How can artificial intelligence improve logistics? What do I need to know about reverse logistics? Review logistics processes for any gaps, and regularly monitor customer, supplier, and carrier performance.

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Omnichannel is another Word for Complexity

Enterra Insights

David Egan, head of industrial and logistics research in the Americas for the CBRE Group, told Burnson, “These mega-facilities serve as the backbone of retailers’ fulfillment networks, distributing goods across multi-state regions. ” Burnson goes to note that e-commerce is having an impact on air freight hubs, maritime cargo, middlemen, and intermodal operations. Reverse logistics adds another layer of complexity (and a few more cogs) into the omnichannel machine.

The Agile Supply Chain! Why Agility is Trumping Lean!

Supply Chain Game Changer

By making a supply chain able to respond to such issues immediately, supply chain entities can successfully navigate the turmoil that may arrive and present itself throughout the course of manufacturing, shipping, and the reverse logistics supply chain. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. SCM #SupplyChain #Lean #Distribution #Logistics #Procurement. Subscribe Here! Email Address.

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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. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? SMEs find it hard to identify and engage suitable logistics partners. Logistics providers, in general, are slow to respond to the needs of SMEs.

The Top 10 Transportation Management Systems

The Logistics of Logistics

Oracle, the world’s third-largest software maker by revenue, has spent over eight years refining its logistics and transportation software and now offers the most extensive supply chain suite in the market. Oracle’s “Transportation Management” app provides an opportunity for shippers and third party logistics companies to execute all supply stages in every transportation medium. Appian Logistics Software Suite. The Top 10 Transportation Management Systems.

2018 Supply Chain Trends: Omnichannel, Customer Experience, & Regulations to Shape the Industry

Cerasis

According to Talking Logistics With Adrian Gonzalez , due to the complexity of integrating the so-called long tail of suppliers, carriers, customers and other trading partners, companies have followed the 80/20 rule to keep costs down. Better returns management and reverse logistics are essential to keep pace with the growing demand for e-commerce. Change will flow throughout all supply chains in 2018, regardless of products or services offered.

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Logistics Design : Efforts should be practiced to reduce fuel consumption. Less use of air freight, increased use of rail and sea transport. Logistics partners have to be included while product designs so that it improves cubic space utilization and effective fleet management. Procurement Blog. About Us.

50 expert warehouse optimization tips and techniques

6 River Systems

” – Aaron Orendorff, Supply Chain Optimization: How to Develop a World-Class Logistics Network , ShopifyPlus; Twitter: @ShopifyPlus 23. Optimize your logistics network. “Logistics network optimization is about determining the number, location and size of warehouses that are optimal for each business by taking into account a wide range of constraints in one’s supply chain.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Top Logistics & Supply Chain Journalists & Thought Leaders We Follow. David “Dave” Blanchard is the Senior Director of Content at EHS Today and Material Handling and Logistics. Steve Banker is the Vice president of Supply Chain Management at ARC Advisory Group and co-author of Logistics Viewpoints.