Supply Chain Matters

JUNE 13, 2023

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. This survey was conducted in May among participants in the global freight forwarding community. All rights reserved.

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement? What is just-in-case procurement? Advantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

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

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. In a November survey , 87% of merchants shared that they already were affected by increased freight costs. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

Logistics Viewpoints

MARCH 2, 2023

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. Closer to home for supply chain professionals, driver shortages continue to plague the industry.

Waste Reduction 197

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Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7 The two U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

JUNE 9, 2023

That would include alternatives to China under the umbrella of China Plus sourcing. based companies had indicated in survey data and in concerted actions in termed China Plus sourcing strategies that either alternative, nearshoring, or reshoring efforts were being undertaken. We pointed out that in 2022, more U.S.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Resource Reduction 52

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

QAD

SEPTEMBER 3, 2020

As a result, improved integration and connectivity between manufacturers and suppliers is increasingly important to avoid premium freight costs, missed shipments and subpar supplier relationships. . The global and disruptive nature of sourcing makes effective procurement management with suppliers more complex. Supply Risks.

Supplier Management 65

Supplier Management Manufacturing Procurement Inventory Reduction Cost Reduction Strategies 65

The Logistics & Supply Chain Management Society

JULY 21, 2020

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

Supply Chain Planning Software 233

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Supply Chain Game Changer

NOVEMBER 26, 2018

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. The survey respondents included both ISM members and non-members. throughout 2017.

Supply Chain 68

Supply Chain Optimal Sourcing Supply and Demand Survey 68

The Logistics & Supply Chain Management Society

JULY 13, 2021

According to IDC’s 2020 Supply Chain Survey – 72.8% RPA tools can help to capture, store, and extract data/records/files from unstructured sources. The results of the survey showed that the pandemic has expedited digital transformations and created a surge in automation investment. Support remote workforces (75%).

Supply Chain Software 130

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The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Precoro

MARCH 22, 2023

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. Let's look at some specific steps that procurement leaders can take to minimize the possible financial impact of supply chain disruption. Diversify your suppliers.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Disruption Supply Chain Planning Software Material Savings 52

ShipBob

AUGUST 24, 2023

This may be due to a number of factors with the leading one being geopolitical unrest, which was reported by 58% of business leaders, according to a SAP survey. 31% percent of business leaders in the SAP survey reported it as a major contributor of issues in their supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Logistics Viewpoints

APRIL 22, 2022

Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 A spike in COVID-19 cases in some countries, which is causing factory shutdowns and port delays, added to corporate woes as soaring freight and transportation costs are pinching profit margins. GW to 10.4

Logistics Network Optimization Software 224

Logistics Network Optimization Software Logistics Supply Chain Planning Software Supply Chain Design Software 224

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. According to Supply Chain Dive, based on its analysis of the 2019 MHI Annual Industry Report, 30% of supply chain professionals surveyed say they’re currently using predictive analytics at their company.

Supply Chain Planning Software 298

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Supply Chain Matters

APRIL 4, 2023

However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Logistics Viewpoints

AUGUST 29, 2022

One of the players in this market, Resilinc, is monitoring 105 million data sources. Those components get trucked by the Vietnamese Railways, loaded, and then transported to the Haiphong port, where a freight forwarder ensures the container is loaded on an Ocean carrier. This data needs to be curated.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

Supply Chain Game Changer

JANUARY 12, 2021

3 Most Common Freight Forwarding Scams (and How to Avoid Them)! One of our most popular articles is Freight Forwarding scams. Every couple of weeks I will get an email from someone, from anywhere in the world, who has been the victim of a freight forwarding scam, and is looking for help. Source: bestbusinesscircle.com.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

QAD

DECEMBER 16, 2021

Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. IndustryWeek conducted a survey of CEOs in October 2021 to identify supply chain pain points. QAD Sourcing manages the electronic RFQ process with suppliers.

Supply Chain Disruption 95

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QAD

JUNE 28, 2022

Now they want to know what acre of land it was grown on, the source of the water and the living conditions of the workers.” And, with the move to electric vehicles, OEMs and automotive suppliers are seeing heightened concerns on the topic of sustainable sourcing as electric batteries require cobalt.

Cost Reduction Strategies 91

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 91

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.” Freight and shipping cost per unit Shipping or freighting costs constitute a substantial part of the overall supply chain costs.

Procurement Analytics 98

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Supply Chain Matters

JULY 31, 2023

Last week The Wall Street Journal reported ( Paid subscription ) that Stefan Paul, the CEO of the globe’s largest freight forwarder, Kuehne + Nagel , indicated that “ There’s no peak season to be expected in 2023. ” So, we have to be very cautious on that.”

North America 52

North America America Logistics Network Optimization Software Transportation 52

Cathy Roberson

JUNE 6, 2022

A Pitney Bowes/Cipher Research survey of 168 US retailers found that the two largest obstacles were technology integrations (42%) and risk of losing volume discounts (39%). Catch my weekly column on air cargo, freight forwarding, and the express markets, as well as a monthly podcast on Air Cargo World.

Supply Chain Network Software 52

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Supply Chain Game Changer

AUGUST 19, 2022

In a 2021 Statista survey, over half of businesses surveyed found the supply chain disruptions to be extremely challenging , with faster response time as the most difficult hurdle to conquer. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts.

Supply Chain Planning Software 97

Supply Chain Planning Software Vendor Strategies Supply Chain Network Software Optimization Software 97

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

MAY 5, 2023

The April report noted that surveyed companies pointed to quicker delivery times and greater availability of raw materials boosting available supplies. Some transportation services executives now open describe a freight rate recession. A greater balance between supply and demand reportedly drove manufacturing costs lower.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

AFFLINK

FEBRUARY 10, 2016

In one survey of businesses using the technology, 40% of respondents said that freight costs would rise by 5-10% if they had to give up their TMS, and 23% said costs would increase by over 10%. Strategic Sourcing Optimization Software. TMS is a technology that is rapidly proving its worth. Machine Learning.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 72

Supply Chain Matters

MAY 23, 2022

The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. At this point the overall numbers suggest that the freight market is regressing back towards the mean.”. Readers can dive into the data to ascertain specific increases in volatility components.

Supply Chain Optimization 59

Supply Chain Optimization Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 59

Unleashed

APRIL 12, 2023

Here are some more differences between B2B and B2C fulfillment: B2B orders cost more to ship, can take longer to reach their destination, and may require specialized handling equipment for loading onto dedicated freight transporters. B2B procurement contracts can last for prolonged periods and be worth millions of dollars.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Matters

MAY 3, 2022

The authors of this report noted that manufacturing output fell at second-steepest rate since this survey began in early 2004. For the first time since 2020, survey data related to Germany indicated that new orders and output slipped into contraction values. in March to 46.0 Added Supply Chain Matters Observations and Insights.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

ToolsGroup

MARCH 9, 2021

So going into this new year, clearly, everything—all the data, all the survey data, everything—aligns to the fact that there’s going to be a lot of emphasis in this area. based carriers to—hey, you’ve got to, you know, you’ve got to move our freight regardless of what it is and the implications of that.

Predictive Analytics Software 156

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