Remove Groups Remove Inventory Remove Procurement Remove Transportation

HCL Tech signs global alliance agreement with JDA Software Group

Supply Chain Network

From IIFL: “HCL Technologies, a leading global IT services provider, announced today that it has signed a global alliance agreement with the JDA Software Group, Inc, leader in supply chain management. The alliance addresses the unique supply chain challenges for business in the areas like planning, procurement, production, distribution, warehousing, inventory, transportation and customer services.

Want better supplier adoption of your procurement portal? Start by asking your own sales staff.

OneSCM

A good portion of the value provided by automating procurement and payables processes comes from the labor and cost savings generated from fewer errors and less manual work. The procurement portal has to have enough transactional volume running thru it. For companies of this size and influence, supplier adoption of the procurement portal simply becomes a criteria for inclusion in the company’s approved vendor list (AVL).

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Florence Et Al.

Supply Chain Shaman

Thirty percent of companies have supplier development groups. It is now closed at the start of a busy shipping season as companies prepare for holiday inventory builds. Transportation will become more variable; and even scarce. Work closely with transportation carriers.

Looking For a Job? Here’s The Top 10 Transportation Jobs

Cerasis

Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Getting into transportation is a different topic entirely, one that demands a separate, more intricate look. Transportation Manager. Inventory Managers. Transportation

The 4 Key Processes Enabled by a Transport Management System (TMS) in 2015

Cerasis

We continue our series on the “State of the Transportation Management Systems” today with our post on the 4 key processes enabled by the use by shippers of a transport management system or TMS. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years. A transport management system helps coordinate all the data points in a transportation network.

What Are Some of the Necessary Skills of Great Inventory Managers?

Unleashed

If optimal inventory control is imperative to maintaining a successful, sustainable and profitable business, then it’s obvious that capable inventory managers play a crucial role in achieving this. Inventory managers are responsible for leading a team of workers as they manage the flow of inventory stock in, through and out of the business. Great inventory managers. It is important for inventory managers to understand what products they are managing.

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

I had the opportunity to speak to a group of oil and gas executives at the DHL Global Energy conference this week, held in the Petroleum Club. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements.

Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. These services will leverage the transportation information created by SAP TM and provide filing status updates to SAP TM for improved shipment visibility.

Supply Chain KPIs You’ll Want Every Morning

Logility

in inventory write-down and 20% drop in stock value. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs.

Airbus harmonizes its global procurement processes with AirSupply

SupplyOn

Airbus harmonized its global procurement processes with a innovative, highly comprehensive initiative featuring AirSupply, earning a well-deserved nomination for the German Logistics Award The construction of an aircraft is preceded by a highly complex, sophisticated procurement process. “We have now significantly streamlined our operational procurement as part of a digital transformation.”

AI This. Not So Fast.

Supply Chain Shaman

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. The technology group wanted to implement SAP IBP, and the business leaders were resistant.

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

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Source: Machine Learning & AI in Transport and Logistics, Frank Salliau & Sven Verstrepen Logistics Meets Innovation Vlerick Brussels – Nov. The Hackett Group, Analytics: Laying the Foundation for Supply Chain Digital Transformation (PDF, 10 pp.,

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Few implementations of planning connect to procurement and transportation.

6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

SOLAS requirements and processes remain unclear to many carriers in various discussion groups. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. In my opinion, there will be more than one way to procure capacity, rates, and services for the 2016-2017 season.

Panama 109

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

While there are a few stalwarts helping in the redefinition of B2B in the Network of Networks Group—BASF, Corning, Dow, Evonik, P&G, Schneider Electric and HMD Global—most are sitting back and waiting. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. Most are clueless about driving a better-planned order flow from tactical planning to procurement or transportation planning or how to improve forecast-value-added (FVA) processes.

This Week in Logistics News (July 20-24, 2015)

Talking Logistics

This carton-level tracking complements shipment-level tracking and helps pro-actively identify potential inventory replenishment for each store, reduces theft and claims for lost cartons, and streamlines shipment payment. Sourcing and Procurement : Assessing current sourcing practices and procurement processes across all categories of indirect spend and then executing work to optimize controlled spend, perform category management and build capabilities for continuous improvement.

An Empty Chair….

Supply Chain Shaman

Today, I am facilitating the Network of Networks share group in Antwerp. Here I want to share my perspective after three years of facilitating the group. People come and go in the group based on company dynamics. My goal with the group is to make this a reality.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Hub Group Inc., Marten Transport Ltd. Shippers are under enormous pressure to cut transportation costs and seem not to be satisfied with the massive fuel surcharge reductions racked up over the past year and a half.”. Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted.

Guinea 109

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? Because shippers want this visibility, and more importantly, they want to do something with it — that is, they want to identify and implement better ways to plan and execute their transportation and logistics operations, which is what ultimately delivers value. Source: Evan, Flikr. “I

The Origins of Category Management

Supply Chain View from the Field

I was involved in inventory control area on what they used to call “residual parts”, which were leftover parts that you ended up trying to sell into the service parts organization. This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas. I blew out all the part codes out into an alphabetical listing and arbitrarily adopted a simple language to group the parts.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus. Calls for more effective transportation capacity planning, inventory management, multi-sourcing and diversified supplier base strategies are crucial to mitigate business continuity in case of a crisis.

UAE 141

2020 Requires Big Wings and Feet

Supply Chain Shaman

The discussions are with groups of executives—often ex-management consultants. Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Companies that directly connect financial data to supply chain data without creating a feasible plan at an item/location level rate themselves significantly lower on S&OP effectiveness creating higher costs, levels of inventory and order short shipments. It has been awhile.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people! The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus.

Aborn & Co. promotes Chris Peckham to Vice President of Operations.

Aborn and Co.

With over 20 years of management experience in the logistics world, Chris is well suited to meet the demands of transportation. Chris was Director of Supply Chain at SharkNinja where he was responsible for procurement, inventory management, and new product development.

Collaboration in the Automotive Industry: Enabling Intelligent IT-Managed Supply Chains

Talking Logistics

It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. Inventory and transportation costs are reduced significantly, while production processes are accelerated and delivery times are decreased. It also enables cross-company workflows and allows for a complete view of the procurement process; bilateral business relations are replaced by collaboration, which expedites information and management processes.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The architectures for the rules that we have today–Available to Promise, Allocation, Inventory Matching, Deductions, Hands-free Orders– are inadequate. Imagine what the processes of manufacturing, transportation and procurement can be in Supply Chain 2030. We are actively working with a cross-functional group of technologists and business leaders to design the future of B2B networks.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Ambiguity in inventory visibility, tracking, and management.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Ambiguity in inventory visibility, tracking, and management.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel. Ambiguity in inventory visibility, tracking, and management.

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

A Peerless Research Group (PRG) report indicated that up to 44 percent of supply chain entities do not actively have plans in pursuing or using a transportation management system (TMS), such as the Cerasis Rater. The procurement department manages inbound product, and the supply chain department manages outbound product. Inventory levels may soar or fail to meet customer demand, and profits become losses.

Join BVL International at the North American chapter kickoff on August 12, 2013

Supply Chain View from the Field

Two out of three respondents stated that their company’s logistics capability is negatively influenced by poor transportation infrastructure, which is a problem particularly in emerging markets. Solutions focused on improving transparency of tier two suppliers, inventory and demand impede mitigation and force companies into reactive strategies. Proactive strategies should include research and development, procurement, production and sales.

Misnomer

Supply Chain Shaman

It was my first time working with this group. The group laughed. ” The group was quiet as we discussed the fact in the traditional organization that functional silos are not designed to work together. I believed that we would find a company with the lowest distribution costs (warehousing and transportation), and the lowest manufacturing costs, and this would result in the best overall cost structure. Misnomer (n): A wrong name. The misuse of a term or name.