The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. By 2032, the supply chain analytics market is expected to reach USD 38.78

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures?

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Product Management KPIs! Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

SCMDOJO

JUNE 1, 2023

Are you looking to enhance your chances of landing a supply chain role? If you’re eager to avoid these pitfalls and make a lasting impression, join me as I unveil the top 5 supply chain resume mistakes you should steer clear of. Let’s dive in! is showing your flexibility to adapt to roles.

Supply Chain Design Software 111

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Logistics Viewpoints

APRIL 19, 2023

In this conversation, Asena and I talked about autonomous planning in supply chain. Second, what is autonomous planning in supply chain, and what are some practical examples? DC procurement is also automated by aggregating the needs of the MFCs. We call this closed-loop automation synchronized planning.

Supply Chain Planning Software 220

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 220

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. That is to say, there isn’t one single career in supply chain management. That is to say, there isn’t one single career in supply chain management. Planners do exactly that.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

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.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

DELMIA Quintiq

SEPTEMBER 16, 2021

It typically provides a crucial planning function: fine-tuning supply and demand data and forecasts to deliver accurate and timely production plans, throughout the entire production supply chain, that help manufacturers achieve their production objectives and minimize procurement costs [1].

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

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

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

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SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

ThroughPut

JUNE 24, 2022

AI in the supply chain is here to stay and make waves in the years to come. According to Gartner, supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years. AI in Supply Chains – The Business Advantages.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

crisp

DECEMBER 15, 2021

At last week’s Supply Chain Summit, Crisp’s Head of Supply Chain Barry Bradley gave brands a step-by-step guide to running a data-driven operations team. It’s an incredibly exciting time to work in the supply chain. Why is data so critical in supply chain management?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Unleashed

NOVEMBER 20, 2023

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

ivalua

JULY 26, 2022

More and more companies are adopting a low-carbon footprint and sustainable approach to procurement, and for good reason. As we review key considerations in the procurement of ESG products and services, there remains a significant disconnect between words and actions. Incentivize Procurement. Everything starts with people.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Cost Reduction Strategies 130

Precoro

JULY 16, 2023

At the heart of the whole process is the purchasing manager – a supply chain and logistics professional who works to secure the required materials, goods, and services necessary for running the business. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is Committed.

Optimal Sourcing 98

Optimal Sourcing Procurement Sustainability Material Savings 98

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Strengthening a negotiating position.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? The answer is simple: through KPIs. Procurement KPI Categories.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

GlobalTranz

JULY 7, 2015

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. With creating the product being only a small portion of the business, many businesses invest time into making methods for an effective supply chain.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

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

Proxima

JULY 29, 2022

We’re proud to champion women in the procurement sector at Proxima and are passionate about supporting the careers of the women in the business through every stage of their careers. Prior to joining us, she worked client side leading strategic marketing and communications projects from a procurement standpoint.

Procurement 52

Procurement Supply Chain Network Software Supply Chain Software KPI 52

Proxima

JULY 29, 2022

We’re proud to champion women in the procurement sector at Proxima and are passionate about supporting the careers of the women in the business through every stage of their careers. Prior to joining us, she worked client side leading strategic marketing and communications projects from a procurement standpoint.

Procurement 52

Procurement Supply Chain Network Software Supply Chain Software KPI 52

Precoro

AUGUST 26, 2021

Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Procurement.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Material Handling & Logistics

DECEMBER 14, 2018

Learn how to organize your data operations in alignment with supply chain strategy. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Finding Transformative Opportunities in the Supply Chain.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Fourth Step: Benchmark KPIs to understand limitations and discover opportunities.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Taulia

OCTOBER 7, 2021

The procurement process is a critical business function, but how do you measure how effectively the process is managed in your business? Setting KPIs for your procurement department can help to demystify their performance and deliver insights into where improvements can be made. Procurement ROI. Supplier defect rate.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 52

ToolsGroup

MARCH 17, 2021

BOSTON, March 17, 2021 – ToolsGroup, a global leader in supply chain planning software, is proud to announce that ToolsGroup Director of Professional Services for Europe, Michael Haiber, and Vice President of Professional Services, Stefano Novati, were both named 2021 “Pros to Know” by Supply & Demand Chain Executive magazine.

Optimal Sourcing 120

Optimal Sourcing Supply Chain Planning Software Demand Planning Software ToolsGroup 120

Freightos

JANUARY 25, 2024

Aimee Loshinsky January 25, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo In Freightos Q4 2023 KPI press release , we announced that the company surpassed one million bookings across the platform in 2023. Q: What does it mean for the freight industry as a whole?

Logistics Network Optimization Software 279

Logistics Network Optimization Software Negotiating Skills Optimization Software Buyer Training 279

SupplyShift

JUNE 17, 2021

Given that suppliers account for the majority of risk in areas such as GHG emissions, human rights abuses, and gaps in corporate governance, it is critical that companies explicitly target ESG goals in their supply chain. I recommend companies take tangible action toward setting supply chain ESG goals in the following ways: 1.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52