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. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. Logistics

SCRC Meeting: Closing the Gap Between Marketing and Procurement

NC State SCRC

Our upcoming SCRC meeting on April 25 will explore a topic that has been top of mind for me and several other people for some time. To give you a clue as to what this is about, consider the typical sessions you see at, for instance, the ISM meeting, that I plan on attending this year. ” This session captures the essence of what I believe is wrong with procurement’s relationship with sales. Brian Carrier, UPS Global Logistics.

50th Symposium Procurement and Logistics

Supply Chain Movement

50 th Symposium Procurement and Logistics. en/all-events-en/50th-symposium-purchasing-and-logistics/. . German Association Materials Management, Purchasing and Logistics). More than 2,200 decision-makers from procurement, SCM and logistics.

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

Transportfolio

It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. Change your thinking on retail procurement.

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.

The 3 Pillars of Digital Procurement!

Supply Chain Game Changer

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. There are countless number of logistics service providers who offer many different types of broad and niche services.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. The Top 6 Trends in Logistics Impacting Shippers in 2016. Logistics

Trends 293

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. Consequently, all processes, including inventory management, logistics, data analytics and ongoing performance management, as reiterated by the staff of Supply Chain 24/7, improvement, can be optimized, creating a more efficient, direct and intelligent supply chain network. Procurement’s Role Did Become More Important.

Lean 164

The Top 10 Logistics Blog Posts from 2017

Cerasis

Today is day three of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. The Top 10 Logistics Blog Posts from 2017. Autonomous Vehicles in Logistics: What are the Impacts?

6 More Logistics Technology Trends Enabling Success in 2018

Cerasis

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. Logistics Service Providers Will Increase Mobile App Adoption.

Trends 268

Managed Services: The “Stretch Armstrong” of Logistics

Talking Logistics

As I look around, I see examples of Stretch Armstrong in the technology and logistics realms. In the logistics realm, managed services is another example. 3PL Outsourcing Supply Chain & Logistics Trends cloud computing logistics managed services Stretch Armstrong

These 5 Top Logistics Trends for 2018 are a Response to the Growing Customer Experience Movement

Cerasis

With the rise of e-commerce, the value of logistics has grown. Logistics professionals can no longer simply go about standard operations, and the days of peaks and lulls have ended. To answer that question, let us turn our attention to some of the key top logistics trends we’ll see over the next 12 months, in part as a response to the growing customer experience movement. The Top Logistics Trends that Will Impact Logistics Management in 2018. Logistics Trends

Trends 203

Mitigating Logistics Risk Through Blockchain

Shipchain

Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. Let’s look at the problem of risk management in logistics and how traceability through blockchain reduces those risks.

Logistics Center of Excellence: Delivering Value to Organizations

Talking Logistics

Very often it comes from a logistics services provider, one equipped with end-to-end solutions designed to meet your needs while you concentrate your time, energy and investment in your core business. The Broader Value Proposition of a Logistics Center of Excellence.

Emerging Issues for Procurement in Oil and Gas

Supply Chain View from the Field

This past week, I hosted a meeting with a small group of oil and gas procurement executives in Houston to share thoughts on some of the major trends occurring in oil and gas, changes to the global oil and gas organization structure, as well as the impacts on procurement capability in the emerging ecosystem. A majority of resources is going to US production and managing the logistics aspects of getting the quality and cost of getting oil out of the ground.

3PL Trends: 10 Areas Shippers Consider as They Increase Their Use of Third Party Logistics

Cerasis

Third-party logistics providers (3PLs) are poised to dramatically shape the supply chain landscape in 2018 and beyond. In tandem with major trends occurring in manufacturing and logistics throughout the globe, communication and collaboration will take center stage in the 3PL trends between shippers and their partners in 2018. The best way to reduce costs is through the increased use of new technologies in logistics. 3PL Logistics Trends

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

Speakers are the SCRC meeting yesterday and today continued to speak more on the topic of transportation strategy given increasing challenges in the transportation sector, and the need for an effective transportation management strategy. As opposed to increasing ports to ship massive containers of bulk items, regions like North Carolina need to think differently, and to consider new possible locations for transport-driven logistics portals statewide.

6 Things We've Learned from McDonald's Procurement Management

AFFLINK

In the foodservice industry, there are few better examples of great procurement management than McDonald's. Today's food industry supply chain operators would do well to learn from the excellent procurement management example that McDonald's has set.

Top 5 Roadblocks to Effective Inbound Logistics Management

Cerasis

With the added pressure to lower costs to end-users, your customers, it’s no surprise that the need for increased scrutiny and cost reductions among inbound logistics partners, your vendors, has gone rogue. Some cite a lack of visibility or lack of control for reasons to not manage inbound logistics, and while proponents of “increased visibility” argue more information begets more effective inbound logistics strategy, its meaning gets lost in the murky waters of the internet.

Digital procurement in real-time: Successful Industrial Track & Trace showcase at Hannover Messe

SupplyOn

Industrial intelligence meets industrial track & trace at Hannover Messe 2019: Innovative showcase enables new dimensions of visibility in manufacturing Hannover Messe is the world’s leading industrial trade show. After all, smart factories cannot function without intelligent supply chains and logistics. There, it is aggregated with the data from operative procurement and transport planning and commissioning.

Amazon and Uber’s Impact on Logistics! (Infographic)

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What are the Top 7 Trends in Last Mile Logistics? The logistics industry is worth over $8.1 Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

The Top 6 Reasons to Have a Good Inbound Logistics Program

Cerasis

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Part of the problem lies in misconceptions around inbound logistics, including manual, data-intense processes and added stress. Reduced Procurement Inconsistencies Enhance Administrative Efficiency. Logistics

5 Procurement Management Tips for the New Kid on the Block?

AFFLINK

In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations.

The 3PL Industry is Suffering from Gresham’s Law

Talking Logistics

Procuring logistics services is not the same as buying paper clips, yet that’s how many procurement organizations approach it.”. The post The 3PL Industry is Suffering from Gresham’s Law appeared first on Talking Logistics with Adrian Gonzalez.

3PL 225

Can Sales and Procurement Ever be BFF’s?

NC State SCRC

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. This situation does not always accrue – as there are cases where harmonious partnerships exist between sales and procurement.

The 6 Trends Third Party Logistics Service Providers Will Drive to Empower Shipper Success in 2017

Cerasis

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. The Trump administration could be a redeeming feature for the logistics industry, but some of his recent promises could come at a great price. However, only time will tell if Trump keeps or abandons his promises to hold the shipping and logistics industry accountable for outsourcing and reshoring efforts.

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

The 3 Pillars of Digital Procurement! You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here!

Getting Sales and Procurement onto the Same Team

NC State SCRC

The relationship between sales and procurement has always been a contentious one. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value. Procurement executives on the other hand complain that sales account managers are always trying to “work around them”, and to make the commercial sale to engineering, operations, clinicians, or other business stakeholders.

Procurement Leaders Blog Post: Cross-Functional Teaming is Easier Said Then Done

NC State SCRC

Continuing my reporting of the Procurement Leaders meeting in Miami, I sat in on a very interesting session that included three professionals from very different walks of life: Captain Harry Thetford – Defense Logistics Agency.

Miami 52

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

The Supply Chain team must always meet the demands and pressures that the organization demands. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. Subscribe Here! Email Address.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. It will include any of your logistics carriers and all of your customers. supplychainmanagement #supplychain #scm #futurism #procurement #logistics #technologytrends.

How to Shift Your Logistics Management for Omnichannel Selling

AFFLINK

Implementing an omnichannel supply chain involves the shifting of logistics management to accommodate new sources of sales. Companies that pursue omnichannel selling initiatives need to sync sales and marketing with IT, procurement, and transportation.

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Meet for lunch or coffee once a month to discuss ideas and questions together in a casual setting. For a long time, C-level executives viewed supply chain management, especially the logistics function, as a cost center. Coming up with New Year’s resolutions is a popular tradition in many parts of the world.

Inbound logistics requirements for the new automotive supply chain

The Network Effect

Today I want to discuss inbound logistics requirements. Earlier we discussed the fact that the “procure to pay” business transaction cycle includes transportation events such as tendering, pick up, in transit, dock scheduling and deliver along with full track and trace. SMMT/Ltd Flickr.

Sustainable Procurement Leaders

EcoVadis

19/05/2010: Interview with Luca Guzzabocca, head of Logistics Costs and Supply Chain Management at GRUPPO MONTEPASCHI. 1) Why is Sustainable Procurement important for GRUPPO MONTEPASCHI? Sustainable Procurement is one of the significant engagements GRUPPO MONTEPASCHI has in CSR policies. For GRUPPO MONTEPASCHI, Sustainable Procurement is important because we are aware of the impact we can have by changing the way we procure goods and services.

SCRC Meeting Insights Part II: Management Principles for Executing Visibility Strategies

NC State SCRC

A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them. These types of small but important events require the attention of a cross-functional team, composed of individuals from multiple functions, including design, marketing, sales, order fulfillment, logistics, procurement, manufacturing and suppliers.