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

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. A Decline in Innovation. Ironically, technology innovation is the highest that I have ever seen. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

GlobalTranz

SEPTEMBER 23, 2021

Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. Focusing on the?

Optimal Sourcing 308

Optimal Sourcing Prescriptive Analytics Software Pricing Training Negotiating Skills 308

GlobalTranz

JULY 8, 2016

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.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

Talking Logistics

APRIL 27, 2015

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. What’s the first step in that process?

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Supply Chain Strategy Strategy 100

Supply Chain Shaman

NOVEMBER 21, 2017

Innovative startups. Artificial Intelligence innovators. Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. Innovation will never come from application consolidation. The result?

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 151

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

CEVA Logistics actively reaches out to support social innovations and engage local communities. Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. Photo Credit: L’Oréal. Acting for Planet.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

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

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). . We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Efficient logistics management is crucial to coordinate transportation, track shipments, and manage delivery schedules. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Logistics Viewpoints

DECEMBER 14, 2021

It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. They can optimize courier and order matching, increase visibility, and track important metrics such as order lead time, OTIF, courier performance, and customer satisfaction. How to minimize transportation costs? Route Optimization.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. Possible data sources include: Internal data (sales, manufacturing, procurement, etc.)

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. SUPPLY CHAIN DIVERSIFICATION ENABLED BY TECHNOLOGY WILL BUILD RESILIENCE.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. The need for supplier collaboration in procurement is greater than ever. Forward-thinking CPOs acknowledge the benefit of supplier partnerships.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Carriers: Carriers are the transportation companies responsible for physically moving the goods from one location to another.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

GlobalTranz

FEBRUARY 6, 2017

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. For example, Johnson & Johnson procurement professionals actively review market trends before making purchases.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 277

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Then came COVID-19.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

Supply Chain Game Changer

JULY 29, 2021

However,lack of coordination between state ,centre and healthcare sector topped with transportation issues resulted in this struggle to cope up with the sudden spike in demand for liquid oxygen. The US India Strategic Partnership Forum (USISPF) helped with providing 12 ISO containers for oxygen transport.

India 105

India Supply Chain Saudi Arabia Portugal 105

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. By maintaining its own trucking fleet, Walmart gains greater control over transportation and delivery schedules, leading to improved efficiency and timely product replenishment.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 79

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. A metric that does what it says on the tin – measures the accuracy of freight bills. Transportation costs.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

MARCH 23, 2016

These metrics would, of course, be aligned and are updated every hour. 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. Specific metrics: process metrics and outcome metrics.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Bureau

OCTOBER 19, 2020

The performance measurement pillar, which is the one used for benchmarking, is essentially a hierarchy of key performance indicators (KPIs), comprising more than 150 metrics organised into two levels. It can stimulate healthy internal competition, which in turn helps to promote and develop a more innovative business culture.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. We have established business metrics and we love to quantify our business strategies. How can resources be procured at the best price? In other words, he was an innovator.” How will tariffs affect the company?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. This will enable you to shape optimal performance and select the best provider based on company requirements such as professional services, transportation, and shipping capabilities. Cost reductions.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Optimal Sourcing 111

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Picking the right metrics can be challenging, however, and it will inevitably involve trade-offs.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

ToolsGroup

MARCH 1, 2016

The reading audience is global, and spans a wide variety of roles: procurement, supply chain strategy and planning, product management, logistics and transportation, customer service, and others. I am digging deeper into climate change, and opportunities for innovation in value-chain practices and material movements.

Supply Chain Planning Software 120

Supply Chain Planning Software Predictive Analytics Software Analytics Software Supply Chain Software 120

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 170

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 170

Supply Chain Shaman

MARCH 8, 2016

It is a story of supply chain innovation. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. Traditionally E2open sold to the procurement organization. In the market announcement yesterday the terms of the acquisition were not disclosed.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

IQMS

JULY 11, 2019

Source: Technology and Innovation for the Future of Production: Accelerating Value Creation (38 pp., Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively. PDF, no opt-in) World Economic Forum with A.T.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. New knowledge and insights from machine learning are revolutionizing supply chain management as a result. 15th, 2017 (PDF.,

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73