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[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. Why Is Technology Driving Procurement Trends and the Role of Procurement?

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. So, why do supply chain managers not take advantage of this data with respect to procurement?

These are the 2018 Manufacturing Trends That will Drive 2.1% Growth In American Manufacturing

Cerasis

Manufacturing is on the cusp of an explosion in growth and innovation in 2018. These facts set the stage for exponential manufacturing growth in 2018. Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible.

Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

I speak at many industry conferences throughout the year, where the majority of the audience are shippers — that is, supply chain and logistics executives from manufacturing and retail companies. How do you plan for the future of transportation?

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

Cerasis

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.

Procurement, Industry 4.0, Cybersecurity, Robotics and Automation: The Image of Manufacturing is Evolving.

Cerasis

What makes or breaks a new technology in manufacturing? Mostly, manufacturers demand technologies that can boost their output without causing an additional strain on resources, and the final five technologies changing manufacturing in 2016 did just that. The implementation of robotics and automation was not universal in manufacturing. In other words, some manufacturers continue to resist the trend. Procurement Operations Became Decentralized and Adaptable.

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. Integrated Procurement and Payment Systems Simplify the Process.

How Freight & Transportation Data Can Trim Your Transportation Spend

Cerasis

When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. Luckily, this isn’t the case for transportation data. Accurate freight and transportation data is particularly important.

Manufacturing Plant Site Selection: Where to Locate Your Manufacturing Plant

Cerasis

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. Unlike retail, office, or residential locations, a manufacturer must also consider various environmental regulations , workforce issues, and raw material availability, among other things.

Procurement and Suppliers on the Same Page: How to Craft an Effective Terms & Conditions Sales Document

Cerasis

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner. Disclaiming Accuracy of Information. Procurement

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time.

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

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. What Is Procurement Management?

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. Procurement

5 Top Transportation Management Trends to Expect in 2018

Cerasis

Transportation management will evolve dramatically in 2018. In addition, the continued rise of freight trucking rates, as explained by James Jaillet of Overdrive Online , will demand newer, faster and more efficient transportation management systems (TMS). Fortunately, shippers can prepare for increasing prices by understanding these 5 top transportation management trends. The Freight & Transportation Management Trends to Know in 2018.

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

Cerasis

Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. Furthermore, the IoT is directly linked to better risk management programs in manufacturing too, explains Industry Week. Transportation Management.

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

Cerasis

The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. In this e-Book, we will explore emerging technologies and applications which will forever change the industries of manufacturing, supply chain, logistics, and transportation forever. We will cover the following topics: Manufacturing Technology Changes. Technology’s Role in Procurement.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs. Lean Manufacturing Supply Chain lean culture

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10 Ways Effective Transportation Management Drives Competitive Advantage

Cerasis

Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost. There are several factors that exist today that are forcing shippers to use even more resources, which distract from their core competencies , in order to have a strategic and much more nuanced, complex transportation management practice. 10 Tips to Remain Competitive and Have an Effective Transportation Management Strategy.

How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

Cerasis

The amount of information and improvement possible through big data can be overwhelming. For example, supply procurement, manufacturing processes and warehousing information should be the first considerations. appeared first on Transportation Management Company | Cerasis.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

For shippers, culture and behavior have to change to apply Lean Transportation thinking. The “Them (company leadership) versus Us (shop floor associates)” mentality also needs to change for Lean Transportation to " WE. The 8 Rights To Achieve Lean Transportation Practices. The are the 8 Rights of Lean Transportation thinking: Right Materials, Right Quantity, Right time, Right Place, Right Source, Right Price, Right Quantity, and. Transportation takes time.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

Cerasis

Newer technologies have created entirely new methodologies for improving manufacturing, and the outlook is brighter than ever. So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Ultimately, manufacturers no longer have to concern themselves with what might sell well in the coming months.

Report Points to Increase of Shippers Outsourcing Transportation Management Due to These 4 Core Benefits

Cerasis

This is especially true when outsourcing transportation management, as transportation can include a large part of your overall supply chain and business costs. Consider the many shippers who have outsourced transportation management and other logistics functions to third-party logistics (3PL) providers the past few years. The slowest demand for 3pl services will be in outsourcing transportation management, Armstrong stated.

How to Use Big Data Analytics to Drive Business Value in Procurement Forward (Part 1)

Jaggaer

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing. Q: What are the big trends in manufacturing? How are they impacting the procurement organization and proficiency?

How Printed Product Labels Can Assist Manufacturing

Unleashed

If you run a manufacturing business, you’ll appreciate the complexities of procuring, producing and shipping products. It’s a busy process with production lines churning out goods, warehouses stacked full of inventory stock, and transportation logistics at both sides of the supply chain. One of the best ways to stay on top of your manufacturing process is through printed product labels. In the manufacturing supply chain, materials and goods are constantly moving.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. For example, planning, purchase order placement, manufacturing floor information logistics operations and beyond became essential variables in the goal of creating a more agile supply chain. Also, it bridged the divide between manufacturing operations and service (logistics) operations, explains Springer Link.

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The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

Today, we wrap up our series on the top 5 blogs in our 4 main categories ( Freight , Manufacturing , Logistics , and Supply Chain ). Today's post will cover the top 5 Transportation Management blogs from 2016 so far. Top Transportation Management Blogs from the First Half of 2016 So Far. The transportation management blogs category most top viewed blog posts from the first half of 2016 included several elements of the transportation management.

5 Global Transportation Themes to Look Out for in 2015

Talking Logistics

Two major shifts are changing the face of global transportation management as we know it: Supply chains are becoming increasingly complex, relying on partners and data beyond the four walls of the enterprise; The very definition of global transportation management is broadening and expanding well beyond the traditional TMS scope. Transport optimization typically reduces spend by 5-15%. The connecting element is the availability of transport details and accurate data.

Using Blockchain to Better Understand the Total Cost of Transportation

Shipchain

Determining the total cost of transportation is essential to understanding your company’s profitability. Understanding the total cost of transportation means understanding the costs and factors affecting spend in each leg of the supply chain.

[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.

7 Steps to Product Procurement Pricing that Suppliers Can Support

Supply Chain @ MIT

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? Fair deal.

The Future of Energy for Manufacturing!

Supply Chain Game Changer

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. What role will energy play in the long-term strategy for manufacturers? Subscribe Here!

Transportation Network Modeling: A Powerful Tool in Greenhouse Gas Emissions Reduction Strategy

Talking Logistics

Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs.

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Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.