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A New Kind of Supply Chain Managed Services

Logistics Viewpoints

In the supply chain world, contract logistics – where a third-party logistics (3PL) firm runs and manages warehouses on behalf of their clients, is a $200 billion plus market. For example, in contract logistics, the 3PL makes use of a warehouse management system so that they can do the job efficiently. The right IT is critical.

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Procurement and supply chain executives are struggling in the current environment of high inflation and missed deliveries.

NC State SCRC

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. 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.

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A Radical New Way to Think About Supply Chain Management

Logistics Viewpoints

It is these changing constraints, transportation capacity, and bottlenecks across an entire ecosystem that matters. They have a complex network of suppliers, internal assets, and transportation and manufacturing partners, many of whom are changing on an ongoing basis. The lack of predictability leads to higher costs and worse service.

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Here’s Why Supply Chain Convergence is the Future of Ecommerce

ShipBob

The need for more SKUs increases complexities in sourcing, procurement, inventory management, package tracking — the list goes on. The rise of third-party logistics The rise of third-party logistics (3PL) providers has been a significant driving force in the evolution and convergence of supply chains.

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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market.

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Are Procurement and Logistics Executives Aligned When Faced with Current Supply Chain Challenges?

NC State SCRC

Procurement and supply chain executives are on the “same team” – and in general, a recent study conducted by the SCRC and GEP suggests that there is strong alignment between the two functions when it comes to prioritizing lower risks and reducing uncertainty in supply chains.