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.

How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain

Cerasis

Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. Unfortunately, many in the industry still uses the terms procurement and inbound logistics interchangeably, but procurement involves much more than merely managing the logistics of moving products from vendors and suppliers to your building.read More.

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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. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

50th Symposium Procurement and Logistics

Supply Chain Movement

50 th Symposium Procurement and Logistics. en/all-events-en/50th-symposium-purchasing-and-logistics/. . This year we are celebrating two important anniversaries: for 50 years the symposium has been THE meeting place for buyers, logistics experts and Supply Chain Managers for exchanging information about current trends in their fields and networking with colleagues. German Association Materials Management, Purchasing and Logistics).

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.

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.

Supplier Diversity in Logistics!

Supply Chain Game Changer

Supplier Diversity in Logistics article and permission to publish here provided by Kevin Jessop at cerasis.com. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. And finally, achieve true supplier diversity in logistics.

[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. Technology’s Role in Procurement.

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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The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

Earlier this year in Procuring Logistics Services is Not the Same as Buying Paper Clips , I wrote about 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. Procuring logistics services is not the same as buying paper clips, yet that’s how many procurement organizations approach it.”.

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How the Covid-19 Crisis is Moving the Shipping Industry Towards a Spot Driven Rate Procurement Model and Reduce Cost through Shipsy’s Inquiry Module

Shipsy

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. Rate Procurement Through Inquiries In these testing times, shippers are now exploring spot rates in Shipsy’s Inquiry module to transport their goods. Experienced professional in logistics technology space and handles sales at Shipsy for Southeast Asia. Discover More Data Driven Logistics Insights.

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. The post Procurement Leading Pharmaceutical Companies Through the Pandemic appeared first on Jaggaer.

How the Covid-19 Crisis is Moving the Shipping Industry Towards a Spot Driven Rate Procurement Model and Reduce Cost through Shipsy’s Inquiry Module

Shipsy

The spread of the novel coronavirus causing COVID-19 is affecting the shipping industry in unprecedented ways. Rate Procurement Through Inquiries In these testing times, shippers are now exploring spot rates in Shipsy’s Inquiry module to transport their goods.

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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.

IKEA’s IWAY Lessons For Procurement!

Supply Chain Game Changer

Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. In order to enact the shift that they wanted to see in their procurement, purchasing and sourcing processes, they had to not only rethink internally, but work closely with a consolidation and restructuring categories within their supplier base. The post IKEA’s IWAY Lessons For Procurement!

Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

Taken alone, these technologies have enormous potential in their own right, but combined, experts say, they have the power to transform industrial technology on a scale not seen since the advent of steam power.”[1] Beyond revolutionizing the industrial approach to maintenance, AI has the potential to impact generative design, enhanced robotic collaboration and improved market understanding.”[2]

Transforming the GCC Chemical Industry with Supply Chain Integration – LogiSYM September 2020

The Logistics & Supply Chain Management Society

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 GPCA confirms GCC chemical industry’s key problem is ensuring a smooth flow of raw materials to reach production plants across the globe for finished good production.” But the chemical industry is still lagging in digitisation.

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

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. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate. 2 Technologies and Procurement Table. What the industry often terms as Artificial Intelligence.

5 Procurement Questions for Santa

Jaggaer

After pulling a few strings, we managed to catch Santa on one of his few coffee breaks at this busy time of year to fire five burning questions at the reigning world champion in procurement. To get a grip on all the orders, I use JAGGAER, a globally recognized for procurement optimization. I especially use the solutions for complex logistics: Vendor Managed Inventory, call-off, Kanban, and more. The post 5 Procurement Questions for Santa appeared first on Jaggaer.

[WHITE PAPER] The Top Logistics Trends that Will Impact Logistics Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Logistics Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the logistics industry to stay on top of their games! With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended.

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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. 5 supply chain and logistics podcasts. Talking Logistics with Adrian Gonzalez. Nearly all of Supply Chain Insights’ podcasts feature executives and experts sharing their logistics insights.

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.

The Changing Landscape of Real Estate in the Logistics Industry

Logistics Bureau

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres. Real Estate in the Logistics Industry: A Changing Landscape. If that trend continues, their growth in logistics could be even more remarkable.

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

Cerasis

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . But nearly all of these processes revolve around a few common factors, reports DHL Customer Solutions & Innovation, and you need to understand what they mean for the supply chain and transportation industries. .

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. It’s about creating a common cross-company basis that integrates all participants on a procurement or distribution level. In this context, the cloud is considered an enabler of collaboration in the diverse world of the automotive industry.

IKEA’s IWAY Has Lessons For Every Procurement Team!

Supply Chain Game Changer

Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! Looking back on the training process, our research, strategy, implementation and evaluation methods closely mirrored supplier relationship management and procurement management. If you don’t have a Supplier CoC, I’d strongly suggest looking into developing one with your sourcing and procurement team. The post IKEA’s IWAY Has Lessons For Every Procurement Team!

On Your Radar: Important Logistics Trends and Outlook for 2016

Talking Logistics

In a highly-dynamic business environment, it’s critically important for supply chain and logistics executives to keep a pulse on what’s happening in the industry. With 2016 around the corner, now is a great time to examine industry trends and how they might impact your operations. Bid Season : How do you plan and execute a successful procurement event? 3PL Supply Chain & Logistics Trends Supply Chain Risk Management Transportation Management Upcoming Episodes C.H.

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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.

The New Value Equation in Contract Logistics

Talking Logistics

With all of the changes happening in the supply chain and logistics realm — whether it’s technology, regulations, mergers and acquisitions, new business models and competitors — is the value equation in contract logistics changing too? That was the main question I addressed with Greg Boring, VP of Sales at Kenco Group , in a recent episode of Talking Logistics. 3PL Episode Highlights e-commerce Kenco Group logistics outsourcing procurement supply chain visibilit

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. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.

Does Canada Need a Chief Logistics Officer?

Supply Chain Network

Likewise, logistics the physical handling, storage and transportation of any materiels or related services needed for the Government of Canada to serve citizens costs 10′s if not 100′s of millions of dollars annually. So what are some of the specific services which might be more effectively managed if under the purvey of a CLO or Chief Logistics Officer? Electronic Commerce for Logistics. Environmental Leadership in Logistics.

This Week in Logistics News (September 6 – 12)

Logistics Viewpoints

We’ve written a lot about the truck driver shortage here at Logistics Viewpoints and the impact that this could have on the global supply chain moving forward. Consumer Packaged Goods (CPG) Food & Beverage Industry Global Trade Procurement/Sourcing Retail This Week in News Often times we forget about, or simply don’t think about, everything and everyone that makes it possible for us to get the goods we desire. The shortage could […].

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. The research explores a new approach to combating drug counterfeiters: devising mitigation strategies based on the way dispensers procure medicines. Counterfeit cures.

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. It was very easy to see early on that Kristie had a great aptitude for Procurement and Sourcing. Kristie Syndikus, VP Procurement at Maple Leaf Foods. Here is our interview with a truly Global Industry leader, Kristie Syndikus! Subscribe Here!