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.

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!

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. What is Freight Management? But what activities are thus considered to be a part of Freight Management? Subscribe Here!

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

Cerasis

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.

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

Speaker: Adam Robinson, Director of Marketing, Cerasis

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.

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.

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.

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. One big shoe retailer recently used this type of warehousing to support its pop-up store campaign.

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? . Subscribe Here!

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

Cerasis

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 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. Subscribe Here! Email Address.

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. SCM #SupplyChain #Technology #Logistics #Freight #Purchasing #Procurement #Business.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

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.

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. Subscribe Here! Email Address.

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. SCM #SupplyChain #Technology #IoT #AI #Logistics #Freight #Procurement.

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

The Digital Supply Chain Road is Full of Potholes, Construction and Accidents!

Supply Chain Game Changer

The range of new technologies that have direct applicability to Operations, Logistics, Procurement, Distribution, Planning, Management, and all end to end Supply Chain activities is staggering and unprecedented. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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! 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. Subscribe Here! Email Address.

Our 2017 Top 10 List! – Part 2

Supply Chain Game Changer

Indirect Procurement – It’s Time to Rise and Shine! Yet Indirect Procurement often takes a back seat to Direct Procurement. Indirect Procurement however is critically important to the day to day and long term success of a company. Subscribe 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.

DC 73

Putting a Shine on Supply Chain’s Image!

Supply Chain Game Changer

Hey Procurement! Supply Chain includes functions such as: Procurement and Purchasing, where a lot of activity is associated with placing and managing purchase orders and dealing with Suppliers and all of the issues that come with Suppliers. Warehousing and Distribution, where buildings full of racking, fork trucks, equipment, and boxes are often associated with dust and dirt and grime. supplychainmanagement #procurement #purchasing #logistics #distribution.

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

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. Freight capacity — how long will equilibrium last? Warehouse Operations

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

This will include every step and process within the manufacturing line, warehouse or distribution centre of your company or that of one of your suppliers. supplychainmanagement #supplychain #scm #futurism #procurement #logistics #technologytrends. Subscribe Here! Email Address.

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. Changes in freight-rate structure.

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. Companies will always need people who can build relationships with vendors when conducting large-scale Procurement.

The Agile Supply Chain! Why Agility is Trumping Lean!

Supply Chain Game Changer

Similarly, companies that did not implement agile practices often had inventory levels remain in the warehouse for more than 108 eight days, and only 87 percent of deliveries were on-time. 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.

Lean 56

The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

pallets and pallet lifts) to improve the very labor intensive processes of material handling and how to take better advantage of space using racking and better warehouse design and layout. SCM #SupplyChain #Business #Leadership #Logistics #Distribution #History #Procurement.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Globally, the company ranks 3rd in air and ocean freight, and ranks 5th for international contract logistics. Warehouse Efficiency

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.

50 expert tips on logistics planning and strategy

6 River Systems

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses.

Screen Time! Is That Enough To Be Good In Supply Chain?

Supply Chain Game Changer

Or do you really need to “Go Outside and Play” and go into Warehouses, Distribution Centres, Manufacturing facilities, Logistics operations, Planning and Purchasing offices, and more to really understand how the Supply Chain works? I have spent a phenomenal amount of time in Warehouses, on Manufacturing floors, in Distribution Centres, at Supplier locations, and in Customer offices. Subscribe Here! Email Address.

Video 46

What are 1PL, 2PL, 3PL, 4PL, and 5PL?

Abivin

1PL: 1st Party Logistics Image Source First-party logistics service provider is a firm or an individual that needs to have cargo, freight, goods, products or merchandise transported from point A to point B.

3PL 86

Last Mile Delivery Explained! (Infographic)

Supply Chain Game Changer

Check out Keys to Success in E-Commerce Warehouse Management/Order Fulfillment! Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet. SCM #SupplyChain #freight #logistics #ecommerce #transportation #retail. Subscribe Here!

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. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Subscribe Here! Email Address.

5 ways ERP improves inventory visibility in your supply chain

OptiProERP

Whether it is about inventory in transit, in a warehouse or in distribution centers, visibility is a must. When stock is optimized in the right manner, routine inventory audits are done on time, inbound, outbound, warehousing, and in-transit movements are tracked meticulously.