Remove Innovation Remove Procurement Remove Sourcing Remove Transportation

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics. Press Release Transportation Award Chainalytics freight sourcing ocean procurement sourcing optimization Transportation Procurement transportation sourcing Truckload procurement

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. So just how strategic are you when it comes to sourcing transportation capacity?

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

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

Enabling Innovation Groups To Sell More Effectively to Operations Leaders

ThroughPut

We do it throughout entire industries, enabling leaders to smooth-out their Supply Chains, lean-out their Logistics, optimize their Operations, and maximize their Manufacturing throughput, all with their existing teams and often disaggregated data sources. Don’t give Innovation Groups budgets.

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.

Why is Blockchain the Next Big Thing in Supply Chain Innovation?

AFFLINK

Blockchain is well on its way to be the next big thing in supply chain innovation. Blockchain is already coming to high-resource fields, such as mining where precious metals and precious gems need to be systematically tracked and sourced. Improve the visibility of sourcing.

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

Cerasis

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. Procurement is also becoming more interesting and involved. In other words, 2016’s technologies will be a starting point for innovation in 2017 and beyond.

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.

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. How are they impacting the procurement organization and proficiency? Procurement Resources Supply Chain manufacturing

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

These 36 innovative companies have figured out how to hack their operations, gaining some financial or media recognition for their methods. Kick back, be inspired and happy innovating. The world of supply chain and logistics is changing every day.

Natural Gas is Cheaper and More Sustainable for Transportation….Just Ask Truckers!

Supply Chain View from the Field

Boone Pickens, a promoter of gas as the source of reducing dependence on the Middle East) has more than 400 fueling stations across the country and is expanding. Corporate Social Responsibility Oil and Gas Procurement Supply Chain Innovation Sustainability Transportation Planning

E2open Acquires Transportation Management Systems Provider Cloud Logistics

E2open

Cloud Logistics Brings Same-Day, Rapid-Deployment Transportation and Logistics Management to E2open’s Industry Leading Business Network. AUSTIN, TX – October 1, 2018 – E2open , the one place in the cloud to run your supply chain, today announced the acquisition of Cloud Logistics, a leading innovator of transportation management systems (TMS) for the global supply chain market. in the March 2018 Magic Quadrant for Transportation Management Systems.

Why We Bought Freightquote

CH Robinson Transportfolio

Most do not have the deep infrastructure to source transportation services in a multitude of lanes. We expect to integrate Freightquote’s innovative technology into our existing infrastructure. Ecommerce is going to be a bigger part of future supply chain services.

Procurement Is A Key Catalyst For The Circular Economy

EcoVadis

One of the central organisational players in the transition towards a circular economy is the procurement function. Some of the key questions are, how will procurement expand its role to address the circular economy, and how can they add value? This implies full systemic change, and innovation not only in technologies, but also in organizations, society, finance methods, policies and business models. A Procurement Change Management Challenge.

How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Now, Smart Containers is combining the IoT with an even more recent innovation in information technology: the blockchain. Ettl says that drawback can be addressed through the use of Hyperledger , an open-sourced collaborative effort to develop blockchain technologies across industries. One can imagine a world in which blockchain becomes an indispensable part of tracking and monitoring all types of containers, via multiple modes of transportation.

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. In a presentation at the EMPOWER conference held in Orlando, a large utility shared how procurement had used the decision-making algorithm embedded in the Emptoris suite of tools to guide users into the appropriate contractual mechanism. This is a key component of the sourcing initiative.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management. One area where significant waste exists is transportation management.

Blockchain for the Supply Chain: Reality vs. Hype

Supply Chain Brain

When it comes to technological innovation, however, hype is no benchmark for success. The overwhelming response we got was that ‘we’re still in the early phases,’” says Gil Perez, SAP’s senior vice president of products and innovation, and head of the company’s digital customer initiatives. For example, approval by multiple parties to a transportation arrangement is required in order to issue an authorized bill of lading.

A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

At the time, it was operating across a platform of approximately 125 enterprise resource planning (ERP) systems, 30 warehouse-management systems (WMS) and a smattering of transportation-management systems (TMS). For the transportation function alone, Schneider Electric had some 1,450 suppliers. Other innovations could be in the offing, including the use of blockchain technology for further cementing links with both suppliers and customers.

Expert Reveals 7 Supply Chain Trends to Watch

Supply Chain Opz

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery.

Trends 285

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.

Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. Where to Find Supply Chain Innovation (Source: Adelante SCM).

The Future of Energy for Manufacturing!

Supply Chain Game Changer

Today, manufacturers located in multiple geographies are faced with complex energy sourcing options affected by various procurement and billing requirements and the ever changing local/state/federal legislation. Energy #Innovation #Technology. Subscribe Here! Email Address.

This Week in Logistics News (May 7-11, 2018)

Talking Logistics

Source: [link]. Kuebix Surpasses 10,000 Companies Using Its Transportation Management System (TMS). Canadian Supply Chain Innovator, Nulogy, Sets Sights on Global Expansion with Supercluster Funding Boost. Rail, One of the Transportation Granddaddies, Still Relevant.

[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

Cerasis

As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. Contact Cerasis if you would like help in more effective transportation management. .

Trends 343

Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

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. Lower transportation and warehousing costs.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Supply Chain Operating Networks are the business equivalent of Facebook and LinkedIn, enabling communities of trading partners to communicate, collaborate, and execute business processes in more efficient, scalable, and innovative ways. Source: RevCascade website.

The Future Of Supplier Collaboration: 9 Things CPOs Want Their Managers To Know Now

Cerasis

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. Procurement must start looking to suppliers for inspiration and new capability, stop prescribing specifications and start tapping into the expertise of suppliers,” writes David Rae in Procurement Leaders. For sourcing managers, this can be a lot of pressure.

This Week in Logistics News (February 19-23, 2018)

Talking Logistics

Apple in talks with miners to secure cobalt supplies: sources (Reuters). Transplace Joins Blockchain in Transport Alliance. Procuring logistics services is not the same as buying paper clips, yet that’s how many procurement organizations approach it.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

A Transportation Management System (TMS) optimizes freight to utilize the most effective lanes and routes. transportation fuel) at a reduced cost that comes with buying in greater quantities. Logistics Transportation Management Warehouse logistics cost reduction

Twitter Insights from GT Nexus Bridges 2015 Conference

Talking Logistics

One area in particular, which both Sean Feeney and Kurt Cavano (Vice Chairman and Chief Strategy Officer at GT Nexus) highlighted in their keynote presentations, is Transportation Management Systems (TMS). On top of this platform, GT Nexus has provided various transportation management applications, such as transportation sourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Transportation Analytics.

Health Check Your Supply Chain for Inefficiencies

Talking Logistics

Depending on your industry sector, transportation and logistics costs (as a percentage of sales) may range up to 14% or even higher for companies with an inefficient or outdated logistics set-up. What are your supply chain, sourcing, visibility, and transparency challenges?

ABB’s Daniel Helmig: “We are moving to virtual centres of expertise”

Supply Chain Movement

Daniel Helmig, head of ABB’s Supply Chain management, is currently busy implementing supply chain transformation throughout the company’s 450 plants and many project sites as the company consolidates back end processes and establishes ten global transportation management centres. “It

Visibility: If Only I Could See

Supply Chain Shaman

These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. There are no solutions that connect source, make and deliver in many-to-many architectures.

Day 3: Lenovo Goes About Creating the End to End Transparent Supply Chain

NC State SCRC

So procurement will buy ahead, and work with suppliers to understand the situation in the market, and that may drive up inventory in one sector. Lenovo can build a product in multiple locations, and can balance supply even though some sites are further away and transportation can flex. Transportation costs will vary a lot as well. Elementum is constructed as a series of apps, including the modules of inventory, transport, manufacturing, and source.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

This capability in turn requires older generations of managers, often labeled “subject matter experts” who are willing to serve as key informants to educate these younger folk, and who are willing to transcend typical functional barriers between sales, operations, and procurement, to offer insights into the right solutions to different types of business problems.