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?

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

Talking Logistics

At the recent McLeod Software User Conference , however, I delivered a keynote address to over 1,000 attendees, and most of them were carriers and transportation service providers. How do you plan for the future of transportation?

[INFOGRAPHIC] The Future Of Procurement: What Is Your Role?

Cerasis

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. The Future of Procurement is Driven by Technology. Enter The Future of Procurement , an Oxford Economics study.

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

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. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

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. As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.

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

Cerasis

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.

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.

Imbalanced Investments: Transportation Spending vs. Procurement Technology (Part 1)

Supply Chain Network

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. In my next post, I’ll hit on the top strategies to improve the procurement process and uncover hidden savings in your logistics network.

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.

Want better supplier adoption of your procurement portal? Start by asking your own sales staff.

OneSCM

A good portion of the value provided by automating procurement and payables processes comes from the labor and cost savings generated from fewer errors and less manual work. The procurement portal has to have enough transactional volume running thru it.

A Portfolio Management Approach to Transportation Optimization

Talking Logistics

A more effective practice is to take a “portfolio management” approach to transportation analysis and optimization, which provides deeper insights into what’s really happening in your transportation network and unlocks greater opportunities for cost savings and continuous improvement.

How to Procure Full Truckloads in Tight Capacity

Cerasis

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7.

The Transportation Management System Barbell

Talking Logistics

One of my supply chain and logistics predictions for this year was that the transportation management system (TMS) market will become more barbell-shaped ( mirroring what is happening in the third-party logistics industry ). “We’re

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

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Three Ingredients for Transportation Procurement Success: Loyalty, Partnership, and Collaboration

Talking Logistics

There are many ingredients and steps involved in preparing for, executing, and sustaining the success of a transportation procurement engagement. What is the current state of the transportation market? Live Episode: Thursday, November 3, 2016 at 12:00 pm ET.

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.

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?

How Transportation Management Technology & Regulations Impacted the Logistics Industry

Cerasis

Transportation management technology evolved throughout 2016. The IoT Became a Core Concept in Transportation Management Technology. Increasing urban mobility and accessibility of shipment routes are driving forces of IoT use in transportation management technology.

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

Cerasis

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. Logistics LTL ltl procuremen

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

Cerasis

This graphic shows the true scope of impact of big data in the Transportation, SupplyChain & Logistics industries. . In other words, selecting the best way to consolidate, mix and transport products can help attain a goal of $0 shipping in the eyes of consumers. .

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.

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 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. Big data is not simply waiting on information to fall into your hands.

A Transportation Network is Your Pit Crew

Talking Logistics

You’ve developed a well thought out transportation plan that supports your supply chain. You’ve conducted a transportation procurement event and have agreements in place with carrier partners to provide the type of capacity you need, where and when you need it. You’ve communicated the final transportation plan and carrier strategy to your internal and external constituents, and have made essential business process changes to ensure successful execution.

Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

Cerasis

Today begins our series about electronic data interchange or EDI in transportation. Let’s back up a bit before we specifically address EDI in transportation. EDI was first developed in the 1960s with the objective of speeding the movement of shipping and transportation documents.

The Do’s and Don’ts of Going to Market with Your Transportation RFP

Talking Logistics

This time of year, many shippers are reviewing and updating their transportation plan for the back half of the year and many will be considering issuing RFPs for new or changed capacity needs. I am often asked what shippers should consider (beyond the obvious of reducing cost) when deciding whether to go to market with a transportation RFP and what the associated best practices are. Procurement Strategy (Annual RFP, Targeted RFP, etc.).

What Are Other Shippers Doing? Leading Practices in Transportation Procurement

Talking Logistics

In many ways, the success of a company’s transportation operations begins with how well it plans and executes its transportation procurement process. Although there is no “one size fits all” approach to transportation procurement, there are some fundamental practices that shippers should consider when developing their transportation procurement strategy and executing a bid. How do we measure the success of a procurement engagement?

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.

The Future of Freight Procurement

Talking Logistics

Jeff Potts, Vice President of Sales at BluJay Solutions discusses the following questions and more in this timely and informative episode: What are you seeing with regards to rates and capacity based on the activities on your network and the shippers and carriers you work with?

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” If it is difficult to navigate, sort, or understand it is still relatively useless information. Another consideration on usefulness is whether or not the specific information extracted from the data is useful to your organization specifically. Business Advice Technology Transportation

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Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. The typical sourcing and procurement process plan involves a series of steps.

The Top 5 Transportation Management Blogs of 2016 …So Far

Cerasis

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. From transportation management trends to creating a competitive logistical edge. 6 Transportation Management Trends for 2016.

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. Gathering this information via new systems also enables quality benchmarking across the supply chain.

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