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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. If raw materials are unavailable, all subsequent processes are affected, which may result in increased costs to consumers and the respective companies as well. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Consider Cyber Security Concerns in the Procurement Supply Chain.

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. Theoretically you should be able to generate better service, better terms and conditions, and better cost. Yet there can be many obstacles in your way to achieving this seemingly simple goal. To overcome the Spend Aggregation obstacles there are a series of enablers you need to enact to make this successful.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. This is expected to widen to 9 to 1 in the years ahead.

WMS Software Procurement Lifecycle: How to Evaluate, Select, Implement, Modify, & Realize ROI

Veridian Solutions

The warehouse management system (WMS) serves as the system of record for warehouses and distribution centers. The WMS software procurement lifecycle remains a challenge for many supply chain leaders. As explained by Tom Gresham of Inbound Logistics : . Evidence of a poorly conceived and managed warehouse management system (WMS) implementation sometimes is so apparent that passersby on the street notice it. Your next procurement is on the horizon.

The 3 Biggest Problems Your Logistics Teams Will Face in Q4 and How to Solve Them with On-Demand Warehousing

FLEXE

Aside from that being one of your busiest times of the year, the movement to eCommerce and omnichannel shopping has made accurate demand planning impossible and inventory allocation harder than ever. Will your customers go directly to your stores to buy, will they research online and then pick up in-store, or will they complete all of their purchases through your website? Traditional methods can’t handle the agility required to keep up with today’s ever-changing market.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

Cerasis

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. With the myriad of tasks and personell, a director or manager must oversee, how on earth are they to get everything done? 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Use cross-functional teams to solve problems.

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. Keep it Simple : It’s important to not over complicate things.

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Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Lean is a challenge to implement.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Implementing the right technologies, such as collaborative mobile robots , can help to optimize resource management and improve productivity.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

The COVID-19 pandemic made it abundantly clear that effective supply chain management is crucial to the success of a business. Moreover, it’s vital to the health of the global economy. The pandemic crisis had global ramifications felt throughout the entire supply chain, from raw materials to finished products, and for many companies, building the resiliency needed to weather such storms has become the #1 challenge of supply chain management. How to solve it?

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

There are several elements in an effective logistics strategy, with the ultimate goal of identifying the most cost-effective service levels and developing plans and processes that enable the company to operate as close to those optimal service levels as possible.

Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases. What Are the Challenges in Managing E-Commerce Logistics? Offer multiple shipping options to consumers.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

What does it take to create an award-winning supply chain? The two companies’ shared similarities—bold initiatives, transformative supply chain changes, big results and innovative technology—help answer the question—How to build an award-winning supply chain. High-demand products and parts must be available immediately; lower-demand items need to be delivered the same day or next morning. Costa Express also had a bold initiative to dramatically improve their business.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S. Logistics

How to Successfully Implement a Transportation Management System

Talking Logistics

What are the key ingredients to a successful TMS implementation? Those are some of the questions I posed to Geoff Milsom, Senior Director at enVista , in a recent episode of Talking Logistics. Most people think of implementation as the next step after companies select and contract for a TMS, but in a recent guest commentary for Talking Logistics , Geoff suggests that a successful TMS implementation actually begins before a solution is even selected.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Effective Warehouse Management in an Omnichannel World

Cerasis

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management. As a result, stores and regional warehouses end up overstocked or understocked, and carrying costs soar.

What Does Augmented Analytics Mean for Procurement?

Jaggaer

Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Whereas analysis is focused on understanding what happened in the past and why it happened, analytics focuses on why it happened and using this intelligence to try and work out what will happen in the future. to determine the likelihood that a major client will default on a bank loan). And that, of course, includes procurement professionals. But there is some way to go.

5 Best Logistics Books for Beginners

Supply Chain Opz

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself. Are there any other logistics books you love and why?

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. companies should be looking to partner with more stable countries where tariff changes aren’t expected. goods is more complex than it used to be. Everything from custom duties to cargo inspections can create bottlenecks within the supply chain. companies to do business in their lands.

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations

ThroughPut

Ship Smarter: How to Avoid Bottlenecks in Your Global Operations. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. companies should be looking to partner with more stable countries where tariff changes aren’t expected. goods is more complex than it used to be. This isn’t to say you should avoid international sources for goods.

How To Buy Your First Autonomous Robot

PINC

Take a calculated approach to robotics procurement and you’ll stand the best chance of successfully aligning it with your company’s mission, values, and future plans. inventory robotics Logistics Viewpoints warehouse drones digital inventory robots

WMS Labor Cost Reductions: How to Reduce Costs Despite Peak Season

Veridian Solutions

Meanwhile, the industry still suffers from a warehouse labor shortage. Due to the need to move warehouses further from urban areas, warehouse workers become even more scarce. Fortunately, WMS labor cost reductions can help alleviate these concerns, and supply chain leaders need to know why. Preplanned activities may lower the availability of your internal staff to work overtime. How to Maximize WMS Labor Cost Reductions.

5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Warehousing is critical in movement of goods from manufacturer to the end customer. Whenever we come across this term ‘Warehouse’, we imagine a big closed place which is used for storage of the goods to be transported, whether inbound or outbound, trucks moving to and fro, lot of labourers would be working etc. The Indian warehouse market was worth INR 561 Billion in 2018. billion, which grew by 10 folds to be approx.

[How to] Sell Online on Philippines Marketplaces

Vinculum

Filipinos began to make money online through capitalizing, serving as a freelancer, or opening up their web store. What’s the need to trade online? You might be wondering how to commence marketing and generating revenue in the digital world?

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. If you need help, feel free to contact me or visit my website at TheLeanSupplyChain.com.

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Supply Chain Career Changes – How to Get In, Get On, and Get What You Want

Logistics Bureau

The role of supply chain workers, simply put, is to contribute to or manage the process of producing the right amount of the right goods and getting them to the end-customer at the right time, ensuring customer satisfaction while being profitable. The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too.

How to Mitigate Risk in Demand Driven Supply Chains

Logistics Bureau

However, there are risks involved in the demand-driven approach and for many companies, their presence creates a reluctance to shift from conventional, but increasingly outmoded forecast-based planning. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” The risks attached to DDSC can be managed and minimized just like any other. “We do not use the forecast to drive our transactions.

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What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What’s the Difference Between Logistics and Distribution? In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. “Logistics” and “Freight” both conjure up imagery associated with the movement and transportation of goods whether by truck, car, rail, ocean liner or any other form of transportation.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. The tips below cover everything from unified supply chains to automated collaboration integration and beyond.

It’s All About the Logistics

Enterra Insights

Sun Tzu, the famous Chinese general, military strategist, writer, and philosopher who lived in the 6th century BC, wrote, “The line between disorder and order lies in logistics.” ” It’s a lesson succeeding generations have had to learn. He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] ” Logistics in the digital age. Consumers are no longer willing to wait weeks.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Given the phenomenal opportunities that Supply Chain offers for personal and professional growth it is a career path which I highly recommend to anyone. Some want to do work that is more transactional while others want work that is more project based. Some people like to focus on one area and develop an expertise therein. While others want to try working in many different areas. Subscribe Here! Email Address.

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

6 River Systems

The world of supply chain and logistics is changing every day. 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? These 36 innovative companies have figured out how to hack their operations, gaining some financial or media recognition for their methods. Each one is featured as having done something unique to reinvent their supply chain and logistics.