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

GlobalTranz

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.

Commodity price spikes slow logistics warehousing activity but don’t stop it

The Supply Chain Journal

NYSE:PLD), the world’s largest logistics warehouse developer, owner and operator. However, Prologis already procured enough steel for 5.2 Breeze said that materials shortages have braked the speeding freight train of industrial development but have not come anywhere near derailing it.

Insiders

Sign Up for our Newsletter

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

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. “Warehouse optimization starts with an efficient layout. Upgrade your warehouse equipment.

More than storage: What warehouse services can a 3PL provide?

Kanban Logistics

When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. Recap: basic warehouse services. You can choose to simply go it alone and build or rent a warehouse yourself.

3PL 52

How Automation in the Supply Chain Will Make Employees More Strategic & Improve the Overall Supply Chain

Speaker: Adam Robinson, Director of Marketing, Cerasis

In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.

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

GlobalTranz

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. Amazon continues to push its own fleet forward, and the Big Box giants are willing to pay premium prices to get freight to market.

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. Subscribe Here! Email Address.

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation. What is Freight Management? But what activities are thus considered to be a part of Freight Management?

Procurement Challenges Condensed

Claritum

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. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Featuring Our 10 Best Warehouse Order Fulfillment Articles!

Supply Chain Game Changer

Our latest “Featuring” series article covers the topic of Warehouse and Distribution Centre order fulfillment. So take some time and check out our very best Warehouse and Distribution Centre fulfillment articles! Keys to Success in Warehouse Management / Order Fulfillment!

Lean 60

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Phil adds that something else has contributed to declining freight rates. Knowledge is power, and this knowledge is keeping freight rates at low levels. It’s not just freight rates.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Supply chain involves procurement, creating orders, packing, shipping and distribution of goods, etc., Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment. How will blockchain impact freight forwarding? It becomes easier for companies and individuals to bring in ethical procurement practices in place.

The Challenges & Steps in Procuring a Full Truckload as a Shipper

GlobalTranz

As a shipper, it can be hard to procure full truckloads, and small and mid-sized shippers suffer from an exacerbated version of this problem. Shippers face tightening capacity, higher rates, and demanding consumers, and procuring a full truckload may be the last thing on their minds. In reality, procuring a full truckload as a small or mid-sized shipper comes with unique challenges. Will the freight be competitive? Full Truckload Procurement

The Supply Chain Workload Iceberg!

Supply Chain Game Changer

When a Procurement team is asked to find a new supplier to perform a particular service or supply a specific type of components, parts or materials there are a large number of steps required to bring this result to fruition. Warehouse Order Fulfillment. Subscribe Here! Email Address.

Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!

Supply Chain Game Changer

Similarly an integrated Order Management System, Shop Floor Control System and Warehouse Management System are critical capabilities to provide you with that visibility. Check out Freight and Logistics (Part 4) – Do You Have Hidden Freight Costs? . Freight #Logistics #SupplyChain #SCM #Distribution #Transportation. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. Subscribe Here!

Montreal-based ENERGY Transportation Group opens Chattanooga office

The Supply Chain Journal

Nearly 80% of the nation’s freight moves through Chattanooga, largely due to the convergence of three major internates: I-75, I-24 and I-59. Freight Alley, or the area in the Southeast U.S. Border Chattanooga TN Energy Transportation Group Freight Alley

Flying Warehouses! And Mobile Fulfillment Centers that Exist Today

FLEXE

Illustrations in the filing show a flying warehouse, which would remain at high altitudes as drones fly back and forth between the warehouse and nearby shipping destinations. The flying warehouse is designed to do things like hover over stadiums and restock concession stands in real-time. Leading e-retailers are using pop-up fulfillment centers to augment their supply chain to do similar things as the flying warehouse might do. The post Flying Warehouses!

Logistics Cost Reduction: 6 Focuses to Create More Profit

GlobalTranz

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

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. Subscribe Here! Email Address.

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

Alexa Heads to the Warehouse (WSJ – sub. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Freight trucking startup Shipwell gets a $10 million boost (TechCrunch). Warehouse Space Growing Tighter on Rising E-Commerce Demands (WSJ – sub. So if you can provide warehousing, transportation and/or material handling equipment to support disaster relief efforts, I encourage you to contact ALAN. Alexa in the Warehouse.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Supply Chain involves planning, execution, physical flows of goods, the flow of information, processes, financial management, sourcing, logistics, procurement, manufacturing, distribution, logistics, repair and recycling, business management and much, much more. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above. supplychainmanagement #humanresources #procurement #logistics #jobs.

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

Supply Chain Game Changer

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.

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers.

Drop Shipping Teddy Bears!

Supply Chain Game Changer

As such the Category Managers were going wild with ideas on how to expand their product assortments and procuring new and interesting products to sell. the difference between the intended resale price and the cost of procuring the item from the vendor). Subscribe Here! Email Address.

Are You on the Supply Chain Naughty List or the Nice List this Year?

Supply Chain Game Changer

A data entry error somewhere along the way overstates your inventory on a part which you find out when you go to get the part on a warehouse shelf and its not there. supplychainmanagement #logistics #freight #procurement #purchasing #SCM. Freight and Logistics Human Resources Procurement Supply Chain Management Freight Logistics Purchasing SCM supplychainmanagementSubscribe Here! Email Address.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

And every one of these activities involves multiple participants from various levels of suppliers to warehouses to distribution centres to ocean carriers to trucking companies to rail carriers to retail stores and ultimately to end customers. Unless there is some value-added processing involved in moving goods to another distribution centre or warehouse then enabling the direct shipment (ie. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Want Success?

10 Supply Chain Investment Challenges – Real and Imagined!

Supply Chain Game Changer

I had joined a company that had recently had a large investment in increasing the capacity and technological capability, including a Warehouse Management System (WMS) in their Distribution Centre. Especially if you have the most basic warehousing or Supply Chain operation the whole prospect of “technology” seems completely daunting. SCM #SupplyChain #Technology #IoT #AI #Logistics #Freight #Procurement. Subscribe Here! Email Address.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Procurement of Vaccines. cold storage, short shelf life, refrigerated trucks and warehouse facilities) will test the expertise and process robustness of every government, pharmaceutical company, and logistics organization. Subscribe Here! Email Address.

5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical. Freight and Transportation Services Temperature controlled Truckload services

Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Automation has eliminated a number of blue-collar supply chain jobs in warehouses and distribution centres, and driverless trucks stand to transform the logistics field, eliminating the need for millions of truck drivers. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Do You Know When it’s Time for a Freight Review?

Logistics Bureau

Choosing freight carriers is not the easiest of tasks, so it’s understandable why companies often overlook the need for a freight review , even when such an undertaking is long overdue. Read and Heed the Signs that Freight Review is Due. But how do you know when it’s the right time to conduct a freight review? You’ve lost touch with (or have never really explored) developments in the freight service market. Changes in freight-rate structure.

Streamline your Entire Distribution Centre or Warehouse at One Time!

Supply Chain Game Changer

Selected as one of the Top 75 Supply Chain blogs, and one of the Top 25 Procurement blogs, on the Internet. The post Streamline your Entire Distribution Centre or Warehouse at One Time! Business Process Optimization Freight and Logistics Lean Process Improvement Supply Chain Management Distribution Lean Logistics ProcessExcellence SCM supplychainSubscribe Here! Email Address.

Space Planning: Could You Run Out of Space in Your Warehouse too?

Supply Chain Game Changer

And we have no empty space left in the warehouse racking.” By early to mid-December we could finally see empty space in the warehouse racking again. There was absolutely no consideration taken for cubic space requirements and the racking configuration of the warehouse. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. The post Space Planning: Could You Run Out of Space in Your Warehouse too?

DC 49

What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. Part of the challenge in managing the modern supply-chain is due to its sheer size and complexity.

Integrating ERP with TMS and WMS in Logistics!

Supply Chain Game Changer

It is a kind of a hub for the functional groups of procuring, financing, resource distribution and management. Let’s assume that a supplier company uses Acumatica to process orders and Acumatica’s WMS to manage warehouse operations. Subscribe Here! Email Address.