SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Talking Logistics

FEBRUARY 18, 2016

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. Here are the top five reasons you need a transportation sourcing solution: 1.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

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The Logistics of Logistics

AUGUST 28, 2023

Sarah is a Shipper Sales Manager at DAT , an online marketplace that connects shippers and carriers in the transportation industry. Established in 1978, DAT established itself as the go-to source for industry trends and market intelligence for transportation brokers, carriers, shippers, news outlets, and industry analysts.

Logistics Network Optimization Software 240

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Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency.

Supply Chain Risk Management 223

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Supply Chain Game Changer

OCTOBER 29, 2020

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. These are the must-haves for any effective freight sourcing team. Email Address.

Sourcing Strategies 75

Sourcing Strategies Negotiating Skills Optimal Sourcing Negotiate Pricing 75

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

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Supply Chain Matters

FEBRUARY 14, 2024

Supply Chain Matters provides our latest update regarding the Red Sea Transport disruption impacting transport movements to and from European and Asian ports. Accurate, timely and proper context of data and information supporting an integrated business-wide operating plan. Our prior published update was on January 19 th.

Transportation 52

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The Logistics of Logistics

JANUARY 11, 2023

Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. FreightWaves.com, the company’s news site, is the leading provider of news and commentary for the transportation and logistics space. Mary on LinkedIn.

Analytics Software 191

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BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. The post Climate Change: Yet Another Source of Global Supply Chain Risk and Disruption appeared first on Supply Chain Nation.

Optimal Sourcing 81

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 81

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

ivalua

OCTOBER 13, 2022

Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. To reach net zero emissions from homes, transport, agriculture and industry will need to be cut. Upstream transportation and distribution. Downstream transportation ad distribution.

Purchasing Skills 130

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Supply Chain View from the Field

AUGUST 4, 2014

Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Procure to Pay Strategic Sourcing Supply chain analytics'

Sourcing 76

Sourcing Analytics Procurement Supply Chain Design 76

Logistics Viewpoints

AUGUST 11, 2022

Indeed, who couldn’t benefit from improved transportation visibility? Yet, for many operators, orders are still tracked using lagging carrier information gleaned from phone calls, websites, spreadsheets, emails, and other old-school forms of reporting. What is stopping a carrier from “fudging” the information a little to save face?

Supply Chain Planning Software 232

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 232

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Procurement Solutions 130

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Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

Supply Chain Planning Software 386

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Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

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GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Hire smart data analysts.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

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. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

GlobalTranz

SEPTEMBER 12, 2016

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. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Logistics Viewpoints

AUGUST 16, 2021

Sellers on the network can enter this information and then give permission for other potential buyers of their products to see this information. Similarly, third party information on the financial health of suppliers or information on supplier environmental, social and governance practices can be very helpful.

Gartner 253

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Supply Chain Shaman

NOVEMBER 21, 2022

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one’s prior beliefs or values. Companies having the teams from source, make, and deliver reporting to a common leader tend to be the most balanced, with the smallest gaps between operations and commercial teams.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Matters

MAY 20, 2022

As developments regarding industry supply chain disruptions continue unabated, businesses now increasingly face the sting of higher supply chain and transportation driven costs impacting the bottom line. Further, sustainability and transportation efficiency are intrinsically linked for long-term business continuity.

Sourcing Strategies 97

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GlobalTranz

JANUARY 18, 2017

Let’s take another look at how procurement, computing power, industry 4.0, cyber security, advanced robotics and automation became top priorities for research, development, and implementation throughout the past year’s operations in the manufacturing industry. . Procurement Operations Became Decentralized and Adaptable.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Software Optimal Sourcing Material Savings 120

Resilinc

MARCH 26, 2024

In a typical scenario, a company reaches out to suppliers and begins talking to logistics and procurement after the typhoon strikes. This allows companies to see what is in demand, source alternative materials, and negotiate new contracts with suppliers at opportunistic price points. This is where CommodityWatch AI can help.

Modeling 114

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MIT Supply Chain

MARCH 2, 2021

Latin American countries have particular challenges related to truck transport. Identifying key strengths in procurement and management in high-impact countries will support a fast improvement that may boost economic growth in the region. Truck transportation comprises 75% of all freight in Latin America.

Comparison 52

Comparison America Transportation Colombia 52

GlobalTranz

JANUARY 30, 2015

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” It is important to know who is providing the source data used to develop your KPIs. In order to be truly accurate long term, the source data should be available for you or your provider to directly scrutinize.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Matters

JANUARY 19, 2024

This comprehensive 38-page report includes the full listing of predictions along with a lot of information, perspectives and added insights. Be advised that this registration information is utilized to gain knowledge of our readership community.

Predictive Analytics Software 52

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The Logistics of Logistics

AUGUST 26, 2022

Problems in the transportation and logistics business: Logistics has traditionally been underserved by technology perhaps because of the decentralized nature of the industry – lots of different shippers, carriers, brokers, etc. Shippers informed by consumer technology expect a superior customer experience enabled by intuitive technology.

Freight 209

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Logistics Viewpoints

FEBRUARY 19, 2024

On February 6 th , the National Transportation Safety Board released a report saying that missing bolts were the likely cause. Boeing’s chief information officer at that time said that “the decision to adopt Dassault’s platform “is a key milestone in our digital transformation.” At the time, this program was considered groundbreaking.

Supply Chain Design Software 223

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 223

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185