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

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. 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. The global supply chain creates many challenges and opportunities in procurement. Brexit Will Continue to Cause Disruptions in Procurement.

[INFOGRAPHIC] Procurement Trends: Carving a Bigger Role in Supply Chain & Manufacturing

Cerasis

The Industrial Revolution helped change and bring prosperity into the world of manufacturing. As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. As a result, procurement seemed to have a technical speed limit.

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

In place of long paper trails and maintenance schedules, machines with the capacity to communicate their needs and issues via the industrial Internet of Things (IoT) are becoming an essential component of effective processes. In fact, your presence on this website alone indicates use of the industrial internet of things today, but the opportunities are limitless. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week.

[e-Book] The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries

Cerasis

The Future of Our Industry Is Now. The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. The future of these industries is paved with innovation and technology. Today, merchants and service providers within these industries are cautiously adopting these technologies to provide faster, cheaper, more reliable and sustainable business practices.

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. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

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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Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Technologies that Impact Procurement

Claritum

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Virtual Procurement Agents.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturing manufacturing trends

Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. For example, in one Indiana case, Tyler Pipe Industries, Inc.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Industry Week, March, 2016). LEAN, Supply Chain Optimization, Logistics, Warehouse and Cost Reduction Consultant. Twitter Google+ LinkedIn The post How to Sustain a Lean Culture in Manufacturing & Supply Chain appeared first on Transportation Management Company | Cerasis.

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5 Podcasts for Supply Chain and Logistics Professionals

Cerasis

These podcasts bring the latest news and thought leadership in the supply chain and logistics industries right to your earbuds. If you’re looking to increase your podcast listening , here are five that highlight topics of interest to supply chain and logistics professionals.

Procurement Challenges Condensed

Claritum

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain.

Trends 2019: Manufacturing

Enterra Insights

Over half-a-dozen years ago, Brookings Institution analysts, Susan Helper, Timothy Krueger, and Howard Wial, asserted, “Manufacturing matters to the United States because it provides high-wage jobs, commercial innovation (the nation’s largest source), a key to trade deficit reduction, and a disproportionately large contribution to environmental sustainability.”[1] Manufacturing trends. The changing manufacturing environment is often described as Industry 4.0

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Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods!

Supply Chain Game Changer

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. This interview is with Kristie Syndikus, VP of Procurement at Maple Leaf Foods. Kristie Syndikus, VP Procurement at Maple Leaf Foods.

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. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014.

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. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

Why The Time Is Now for Sustainable Procurement

Jaggaer

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement teams are in a unique and important position to drive such initiatives forward as these improvements are only possible through actions taken in the supply chain. Procurement at the pivot point. Clear steps to sustainable procurement.

How Are Counterfeit Drugs Procured?

Supply Chain @ MIT

A new approach focuses on the way these products are procured. Research at the MIT-Zaragoza International Logistics Program , Zaragoza, Spain, is investigating why drug dispensers such as clinics and pharmacies might acquire fake drugs. Counterfeit cures.

The Procurement Economy in 2019: The United States

Jaggaer

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. and the European Union, and examine how procurement organizations can best prepare in the new year. Here, we outline some of the biggest stories and what they mean for American industries and procurement teams. Procurement Resources

Blockchain and Reverse Logistics: Recapturing Costs and More

Cerasis

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverse logistics go well together. Blockchain Reverse Logistics

The Top 10 Logistics Blog Posts from 2017

Cerasis

Today is day three of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. The Top 10 Logistics Blog Posts from 2017. Last Mile Logistics

The Procurement Economy in 2019: The UK and the European Union

Jaggaer

and the European Union and examines how procurement organisations can best prepare in the new year. With Brexit looming and the possibility of World Trade Organisation rules coming into effect in UK/EU trade, the European procurement and supply chain markets look unsteady. Combined with increasing isolationism in other parts of the world, procurement teams dealing in the EU and UK will have to take steps to prepare for unstable markets. Procurement Resources

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

Talking Logistics

The challenge is to manage a very large network of different and globally-dispersed suppliers, forwarders and other logistics providers. Centralized and harmonized way to exchange data between original equipment manufacturers (OEMs), suppliers, and forwarders instead of bilateral exchange via individual solutions. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level.

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

Talking Logistics

The VP of Supply Chain and Logistics at our house (aka my wife) has been out of the country this week. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Hurricane Michael: How Can Logistics Professionals Help?

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. Logistics Service Providers Will Increase Mobile App Adoption.

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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

Cerasis

Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. In this infographic you will learn, for example, that the global market value for logistics has surpassed $4trillion. You will also learn: Interesting global logistics facts.

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This Week in Logistics News (October 15-19, 2018)

Talking Logistics

And with that, here’s the supply chain and logistics news that caught my attention this week: Powerloop, new venture from Uber, offers trailer pooling platform (CCJ). project44 and GateHouse Logistics Announce Exclusive Partnership.

The Data Behind Amazon’s Logistics and Fulfillment Play

Freightos

These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well. Fulfillment and global logistics is increasingly a goal in and of itself. Amazon’s logistics hiring plans.

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Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. Fraser took the lead in resigning from Trump’s Manufacturing Council, which was followed by a wave of resignations by other CEO’s).

The New JDA: Focused on the 3PL Industry (Takeaways from FOCUS 2015 Conference)

Talking Logistics

The new JDA is also taking a more focused approach to the third-party logistics (3PL) market, which is one of the three core vertical industries the company is organized around (Manufacturing & Distribution and Retail & Services are the other two).

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2018 Supply Chain Trends: Omnichannel, Customer Experience, & Regulations to Shape the Industry

Cerasis

According to Talking Logistics With Adrian Gonzalez , due to the complexity of integrating the so-called long tail of suppliers, carriers, customers and other trading partners, companies have followed the 80/20 rule to keep costs down. Better returns management and reverse logistics are essential to keep pace with the growing demand for e-commerce. Change will flow throughout all supply chains in 2018, regardless of products or services offered.

3 Ways to Drive Growth in Your Manufacturing Business

IQMS

Investing in a manufacturing company – and/or operating a manufacturing company – in the current economic climate represents both opportunity and risk as U.S. manufacturing demand and profitability are accelerating. How to Drive Manufacturing Growth.

Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

Very often it comes from a logistics services provider, one equipped with end-to-end solutions designed to meet your needs while you concentrate your time, energy and investment in your core business. The Broader Value Proposition of a Logistics Center of Excellence.

3PL Trends: 10 Areas Shippers Consider as They Increase Their Use of Third Party Logistics

Cerasis

Third-party logistics providers (3PLs) are poised to dramatically shape the supply chain landscape in 2018 and beyond. In tandem with major trends occurring in manufacturing and logistics throughout the globe, communication and collaboration will take center stage in the 3PL trends between shippers and their partners in 2018. The best way to reduce costs is through the increased use of new technologies in logistics. 3PL Logistics Trends

Procuring Logistics Services is Not the Same as Buying Paper Clips

Talking Logistics

In a Forbes blog post last week, Kate Vitasek highlighted an issue that continues to negatively affect 3PL-customer relationships: Procurement organizations looking to shift more and more risk on third-party logistics providers — while, of course, also demanding lower costs. Customers and shippers have moved away from industry standard liability regimes like the Warsaw Convention and Montreal Protocol.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

In the last year, a new dynamic has begun to reshape the freight industry. Unlike some industries that are virtually attacked by external actors, like Uber disrupting the taxi industry, the catalysts of this transformation are coming from within. How Freight Disrupted Itself.