Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Key spend management suppliers include GEP, Coupa, and Jaggaer.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Talking Logistics

JANUARY 5, 2014

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. Ask “What are the risks?”more Supply chain management is risky business — and the risks are growing every day. But what about resolutions to help us improve at work?

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 177

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Elementum

FEBRUARY 7, 2024

Logistics Management: Streamlining Operations with AI In logistics, AI-driven process automation optimizes routing, fleet management, and delivery schedules, significantly reducing operational costs and improving efficiency. Common performance metrics include process completion rate and the number of automated tasks.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. Proper vetting of carriers helps ensure risk management, and creates a re liable network for future growth, scalability and flexibility. . 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

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Talking Logistics

JANUARY 4, 2016

We’ve made our predictions , but it’s the unexpected that makes supply chain management so exciting and demanding. Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? Ask “What are the risks?”more If you have your own list of resolutions, please post a comment and share.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Shaman

AUGUST 11, 2015

Historically, the risk management focus was to reduce insurance costs. Global supply chain leaders understand that designing and implementing a robust risk management practices are essential and fundamental to running the business. What is Risk Management? Today, it needs to be much, much more.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

SYSPRO Smarter ERP

MARCH 27, 2023

Significant investment is needed to develop internal capabilities and infrastructure, establish strategic partnerships with key suppliers, and implement risk management processes. The last three years have exposed the risks of doing that. Revise sourcing policies to focus more on reliable delivery rather than just lower costs.

Manufacturing Procurement 104

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Modeling 104

Talking Logistics

JANUARY 8, 2018

If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. What are some of the biggest supply chain risks companies face today? Do we have the right Service Level Agreement metrics in place? At what cost?

Supply Chain 103

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 103

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. There is a lack of clarity on what drives value and metrics are functional. Procurement. Supply Chain Design.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Logistics network inefficiencies can also leave costly trails. All of this at the best price.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. As noted above, the not so optimistic news now rests with risks for product demand contraction. Logistics Managers Index.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. It does this by identifying seasonal trends and demand patterns.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Risk management. Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

Veridian Solutions

SEPTEMBER 24, 2018

Management across multiple sites and users. Constructive metrics. Focus on warehousing and logistics. Constructive metrics within the system ensure everyone maintains the proper processes and uses the system correctly, reducing risk along the way. Risks aren’t limited to warehousing either. Ease-of-use.

Security 45

Security Warehousing Vendor Strategies Supply Chain Planning Software 45

Enterra Insights

JULY 18, 2023

billion worth of corporate assets have been left stranded or at risk by things like community opposition or regulatory changes triggered by water stress. Supply chain and logistical problems caused by water woes make matters worse.”[2] By one estimate, some $15.5 Stimulate private investment through blended financial solutions.”

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Matters

AUGUST 8, 2022

Logistics Managers Index. Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector. Additional Data- U.S.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Unleashed

MARCH 23, 2021

This is where materials management comes in – and materials managers themselves. But what do materials managers do, and why are they important? What is materials management? Defining materials management. Demand and risk management. Read more: How to implement a supply chain management system.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

Talking Logistics

MARCH 2, 2016

no metrics, operate in functional silos). Therefore, the first step is to define those processes, along with who will execute and manage them and what the right metrics should be. The post Made in “I Really Don’t Know” appeared first on Talking Logistics with Adrian Gonzalez.

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Supply Chain Matters

FEBRUARY 14, 2024

Moeller Maersk , operators of Maersk Line plummeted a reported 18 percent as the carrier and logistics services provider reported full year 2023 financial performance that disappointed investment markets. Impact Implications- Maersk’s Financial Performance Last week, shares of A.P.

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. Supply chain management analytics utilizes inbound and outbound logistics information. What Kind of Data is Used for Supply Chain Analytics?

Prescriptive Analytics Software 52

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

Veridian Solutions

MARCH 16, 2020

The application of data in supply chain management aids supply chain leaders in improving operations, products, services, hiring processes, marketing strategies, and risk management. The data is collected in a central system and can then be analyzed to derive valuable insights.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

Supply Chain Game Changer

JUNE 23, 2020

The pandemic has caused Supply Chain professionals to scramble to restore supply lines, respond to highly volatile demand patterns, find alternate logistics channels, and work under the restrictions of home quarantine. Digital Supply Chain ) Asset management and Cash cycle improvement.

Supply Chain Planning Software 101

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Strategy 101

Unleashed

DECEMBER 21, 2023

In this guide: What are inventory management solutions? Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

The Logistics of Logistics

JUNE 7, 2019

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Risk Management.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Supply Chain Matters

DECEMBER 20, 2022

based Institute of Health Metrics and Evaluation (IHME). The country’s elderly populations are especially at risk. A published report from Reuters this week cites modeling data that forecasts over one million deaths across China through 2023, according to projections from the U.S.

Policies 52

Policies Predictive Analytics Software Sourcing Strategies Manufacturing Procurement 52

ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Risk Management.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

Logistics Viewpoints

SEPTEMBER 19, 2023

Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. Nari Viswanathan is currently Sr.

Supply Chain Design Software 230

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 230

NC State SCRC

DECEMBER 8, 2019

This included: Developing playbooks and contingency plans to address your most pressing risks. Evaluate structural changes in your supply base that could reduce risk exposure. Go digital: Explore the potential of dedicated supply chain risk management solutions. I told him I needed it NOW, not in a week.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 52

The Logistics of Logistics

JUNE 20, 2014

Non-asset based 3PLs use the assets from other logistics companies. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Asset light 3PLs own physical assets and also partner with other logistics companies similar to non-asset based companies. Risk Management.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100