Supply Chain Shaman

APRIL 18, 2023

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Companies driving digital transformation did not outperform their peer groups during the past three years.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

Supply Chain Shaman

NOVEMBER 15, 2023

Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups? When he speaks of the supply chain, he means procurement. Most supply chain models are “ship from” models based on orders. This is his world.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back. Source: SGX, Freightos Baltic Index.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

SupplyShift

JUNE 4, 2021

COVID-19 is only accelerating this trend, making it not only practical but necessary to share up-to-date shipping, medical, and crisis information between countries. According to the World Economic Forum , responsible procurement can raise revenue by 5-20%, reduce supply chain costs by 9-16%, and increase brand value by 15-30%.

Groups 52

Groups Optimal Sourcing Sustainability Pharmaceutical 52

Freightos

JANUARY 3, 2024

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Get Your Custom Report Now!

Shipping 302

Shipping Negotiating Skills Asia Yemen 302

The Logistics of Logistics

DECEMBER 1, 2023

Princeton TMX includes the following benefits: TMS for Freight Lanes & Rates Planning: Visualize complex shipping scenarios and optimize lanes, rates, and carriers. Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. Customers of these solutions also mention improved improved agility, improved transportation procurement , better warehouse and yard operations, better store operations for retailers, and other benefits as well. That is fast growth.

Real-time Visibility 218

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 218

Supply Chain Matters

OCTOBER 1, 2022

Supply Chain Matters highlights an added admission, this time from a shipping industry senior executive, indicating that the period of windfall profits among global shipping players is coming to an end. . We neglected to mention another observation that came from the CFO of influential global container shipping conglomerate Maersk.

Shipping 52

Shipping Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 52

SupplyShift

JUNE 4, 2021

COVID-19 is only accelerating this trend, making it not only practical but necessary to share up-to-date shipping, medical, and crisis information between countries. According to the World Economic Forum , responsible procurement can raise revenue by 5-20%, reduce supply chain costs by 9-16%, and increase brand value by 15-30%.

Groups 40

Groups Optimal Sourcing Sustainability Pharmaceutical 40

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Dwell times grow as more and more ships sit in the ocean waiting to unload. This was a gift from a member of a group that I am facilitating.)

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

SEPTEMBER 27, 2021

Today, more than 1% of the world’s container ships are stuck off major ports. Warehouses are full–often with the wrong stuff resulting in the slowing of the forty million shipping containers around the world. Supply chain shortages abound. Unloading times are double and costs are triple. I thought it would be easy.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group. We are honored to partner with Changi Airport Group in this humanitarian effort for our friends in Indonesia.’’. The CMA CGM Group aims to achieve carbon neutrality by 2050.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. For example, there are shortages of active piers, forcing ships to anchor for days or weeks before they can unload.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Supply Chain Matters

NOVEMBER 7, 2023

Supply Chain Matters provides highlights of the realities of higher number of vessels among global ocean container shipping lines meeting contracting shipping demand levels that are now leading to headcount and schedule reductions. Background Ocean container shipping and logistics are the lifeblood of global supply chain movements.

Cost Reduction Strategies 59

Cost Reduction Strategies Global Industrial Industry 59

CHAINalytics

MARCH 2, 2018

Atlanta, GA, 02 March 2018 – Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers.

Groups 48

Groups Procurement Solutions Atlanta Cargo 48

Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The existing 280 Flo consultants will be part of the Accenture Oracle Business Group. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Logistics Viewpoints

MAY 6, 2022

Empty shipping containers stack up at US port depots. Environmental and labor groups filed separate suits. Well, Amazon workers at a facility in New York voted not to join an upstart union only weeks after the group won a resounding victory at a warehouse across the street. Uber Eats partners with Tesco for UK grocery delivery.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 220

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Goals of Procurement Management: Vendor Management. Minimize risk. Lower costs.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. struggle to a greater degree than their peer groups in the face of the intense variability.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

Logistics Viewpoints

AUGUST 11, 2022

These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. This may include decision-makers from IT, finance, operations, sales, and procurement.

Supply Chain Planning Software 231

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 231

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Both companies outperformed their peer groups. Henkel is underperforming its peer group. When compared to pre-recession years, we ended the decade with twenty more days of inventory.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

For example, when I used to ship ice cream by reefer container to China from the west coast, the time on the ship was 12-18 days. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Matters

SEPTEMBER 26, 2023

A Wall Street Journal published report on this situation (Paid subscription) indicates that in previous Covid vaccine rollouts, vaccine makers such as Pfizer and Moderna shipped needed doses directly to designated vaccination centers. Moderna reportedly has shipped millions of doses to support vaccine administration needs as wel l.

Distribution 52

Distribution Pharmaceutical Supply Chain Design Software Supply Chain Design 52

Supply Chain Shaman

AUGUST 12, 2020

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Orbit Chart of Lenovo Performance Against Peer Group.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%.

Optimal Sourcing 227

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 227

Supply Chain Matters

SEPTEMBER 4, 2023

On this Labor Day holiday, the Supply Chain Matters blog extends our salute and recognition to the many supply chain workers who plan, procure, coordinate, and directly support the movement of multi-industry components and finished products to respective markets and to businesses and consumers. All rights reserved.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Scenario Planning United States 52

Supply Chain Game Changer

SEPTEMBER 13, 2022

Add a resurgence of Covid-19 in China near major ports for a further strain on shipping , and supply chains as we once knew them are a thing of the past. Even under those assumptions, procurement of all electrical components will remain challenging. Join a group purchasing program like Raiven or Avendra.

Negotiate Pricing 85

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 85

Enterra Insights

JANUARY 26, 2022

Quirk cites a 2017 study published by the Information Services Group (ISG) that concluded, “This kind of automation technology is allowing for a 43 percent reduction in resources needed for order-to-cash processes, 34 percent for invoicing, and 32 percent for vendor and talent management.” ”[5]. Logistics. . ”[6].

Supply Chain Software 130

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics Software 130

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. The next group of metrics evaluates the performance of a company’s logistics networks.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

NOVEMBER 14, 2023

Rivian Automotive is now free to sell its EV parcel vans to other parcel carriers, and added reinforcement from multiple ocean container shipping carriers that the existing industry volume declines could extend for two to three years. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The energy generating and saving equipment alone was able to propel the ship over the ocean in many different conditions. Tim volunteers his free-time with the Singapore Wildcat Action Group, a not-for-profit organisation that raises awareness and funds for wildlife conservation.

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Supply Chain Matters

MARCH 11, 2024

The global retailer is able to design, produce and ship products to fashion focused customers in a matter of days. For multi-industry supply chain and strategic procurement supply management teams, this conflict provides added challenges in the coming months. All rights reserved.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Tim volunteers his free-time with the Singapore Wildcat Action Group, a not-for-profit organisation that raises awareness and funds for wildlife conservation.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

Resilinc

APRIL 21, 2016

In Part 2, we discuss why many shippers and advocacy groups disagree with the prohibition, and what this ban can mean for supply chain and procurement professionals. In part 1, we look at the lithium-ion battery supply chain in context and examine the ban stipulations.

Electronics 48

Electronics Shipping Supply Chain Cargo 48