Chainalytics Delivers Award-Winning Global Logistics Procurement Program

CHAINalytics

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. “We’re Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics.

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Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. So, why do supply chain managers not take advantage of this data with respect to procurement?

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy.

Chainalytics’ Transportation Principal Bryan Wyatt Named a “Pro to Know”

CHAINalytics

Atlanta, GA (March 16, 2020) – Chainalytics, a global leader in supply chain consulting, analytics and market intelligence, announced today that Bryan Wyatt has been recognized by Supply & Demand Chain Executive magazine as a 2020 Provider Pro to Know, an annual listing of top supply chain professionals.

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Initially companies believe regional planning systems easily adapt to become global, but they quickly learn otherwise and hit roadblocks. This allows shared services of procurement and transportation to function smoothly to achieve the economies of scale.

These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system

ivalua

The post John Cockerill selects Ivalua spend management to digitize all procurement processes and cover all spend in one single system appeared first on Ivalua

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Differences Matter in EU and U.S. Transportation Procurement

TMC

As companies expand globally through mergers or organic growth, many are faced with the decision whether to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies. In this post, I’ll shed some light on the chief differences between Europe’s truckload procurement practices and those in the United States—and why it matters.

5 Differences Between Europe and U.S. Transportation Procurement

TMC

As companies expand globally through mergers or organic growth, many are faced with the decision of whether or not to combine logistics teams and apply a universal truckload procurement strategy across multiple regions. To obtain the most effective results, best practice requires adaptations to truckload procurement strategies. Truckload Procurement. But for starters, here are a few highlights to consider as you think about your procurement strategies.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. What major challenges have you experienced due to the current global volatility?

How COVID-19 Has Affected U.S. Trucking Rates—Will it Last?

CHAINalytics

But what about freight transportation rates? How has the global pandemic impacted the trucking market? It almost goes without saying: A lot has changed as a result of COVID-19. And what can shippers expect for the rest of 2020?

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7.

Imbalanced Investments: Transportation Spending vs. Procurement Technology (Part 1)

Supply Chain Network

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. Managing a global logistic network is one of the toughest tasks in the supply chain. ‘Keep on trucking’ has a new meaning.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. What Is Procurement Management?

Transport Procurement: 5 Tips to Make Your Next Tender a Success

CHAINalytics

Every year at Chainalytics, our global transportation practice supports anywhere from 30 to 50 transportation procurement events – depending on the state of the freight market. While much of our time is spent on the execution of the actual bid event, we’ve come to realize that the pre-bid work is what really has the most … The post Transport Procurement: 5 Tips to Make Your Next Tender a Success appeared first on Chainalytics.

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

Cerasis

This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. The slowest demand for 3pl services will be in outsourcing transportation management, Armstrong stated.

Overcome Foodservice Disruptions: Focus on Technology, Service Networks, and Transportation

CH Robinson Transportfolio

Thanks to the global pandemic, forecasting fresh food demands has gotten infinitely more difficult. Understanding today’s transportation market. Transportation capacity, namely truckload, is highly fragmented. Changing transportation strategies.

Global TMS: An Always-Evolving Roadmap

Talking Logistics

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements. A Global TMS must have the functionality to help shippers improve productivity and reduce the bottom line.

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Finding Global Transportation Optimization Opportunities

Talking Logistics

When considering your global transportation network, do you have the infrastructure needed to effectively and efficiently optimize it? Does the same apply in the global arena? Will you need to procure equipment and bookings using forecasts, then re-plan again with the actual orders? The optimization software you choose is critical for global optimization. Jim parlayed this unique experience into a successful career implementing transportation management.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. We take pride at Cerasis, as a third party logistics company who has developed a proprietary web-based transportation management system , to offer technology solutions to our shippers so they may remain as efficient as possible and have access to information at their fingertips. Let’s back up a bit before we specifically address EDI in transportation. EDI In Transportation.

Indirect Procurement – It’s Time to Rise and Shine!

Supply Chain Game Changer

Yet the lack of attention and focus that Indirect Procurement is often given is inconsistent with the true importance of this area. Indirect Procurement takes a back seat to Direct Procurement unfortunately. But it is time for Indirect Procurement to stand up and be counted! The Importance of Indirect Procurement! Indirect Procurement is referred to by many different names. It might be called Non-Production Procurement or MRO for instance.

Transportation, Planning, and Omni-Channel Fulfillment

Talking Logistics

But when PwC asked CEOs in a recent survey ( Global Retail and Consumer Goods CEO Survey: The Omni-Channel Fulfillment Imperative ) what areas most needed their additional attention to achieve omni-channel fulfillment, 88 percent said it is their transportation and logistics operations. Transportation is an Afterthought. Even more surprising, 31 percent have no transportation optimization capabilities, or use only faxes and phone calls for this purpose.

Dispelling Three Common Myths about Global TMS Deployment

Talking Logistics

For the last couple of decades transportation management systems (TMS) have revolutionized supply chains, helping companies streamline their logistics processes, achieve greater visibility into their operations and save significant dollars on transportation. So allow me to play “Mythbusters” and shatter some of these long-held stereotypes about global TMS implementations. . Myth #2 – TMS providers don’t offer a truly global solution.

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Key Points for You to Consider in the TMS Procurement Process

TMC

There are many reasons a company might be in the market for a transportation management system (TMS). Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Have a centralized corporate procurement function in place to build consistency, structure, and common practices. Procuring a TMS suite is not a trivial exercise.

Key Points for You to Consider in the TMS Procurement Process

TMC

There are many reasons a company might be in the market for a transportation management system (TMS). Often at the top of the list is the need for streamlined shipping processes and visibility to all transportation activities in one technology platform. Procuring a TMS starts with an investigative process. Have a centralized corporate procurement function in place to build consistency, structure, and common practices. Procuring a TMS suite is not a trivial exercise.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. Understanding the top 10 global supply chain risks can work to reduce their impact. on a scale of 1-10 regarding its concern for the impact on global trade. As explained by Lucy Dixon of Supply Chain Digital , economic instability represents another threat to global trade. Impact on the environment makes up another critical risk in global trade.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. We believe many practices in global supply chain management can be applied in every industry.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

But even if containment has the desired effect, what are the wider consequences of shutting down schools, shopping centers, factories, transportation and supply networks? Corona v irus could wreck the global auto industry.’. Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Coronavirus could wreck the global auto industry.” .

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How to Differentiate a Global TMS

TMC

What does a global transportation management system (TMS) look like? TMS technology that supports the global marketplace has certain attributes that distinguish it from domestic-oriented systems. As a wider range of shippers globalize their logistics networks, TMS solutions capable of managing international freight transportation have become a key part of supply chain management strategies. How to Differentiate a Globe-Spanning TMS.Connect.

Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. The typical sourcing and procurement process plan involves a series of steps. In this step, the user (internal customer) identifies the need and communicates the service or product requirements to the procurement services function. Service requirements may include: Transport services.

Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

Global Logistics and the Transportation Management Center: The Next Phase in Network Agility

Supply Chain Nation

In my previous article on the evolution of transportation management, Driving Value from a Transportation Management Center: Think Global, Act Local , I discussed how transportation best practices were evolving from more rigid, centralized control towers to more flexible and collaborative Transportation Management Centers (TMC). To answer these questions, shippers must examine both global process issues and the application of technology.