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.

Corporate Sustainability: Why Procurement Should Pave the Way

Jaggaer

According to a recent New York Times article , 181 CEOs jointly released a statement on “the purpose of a corporation.” Procurement is at the core of many companies’ efforts to increase green practices. ” For many organizations, green procurement is something of a wouldn’t-it-be-nice idea. Even once those logistics are handled, effective supplier management without the proper tools can be extremely t ime consuming and is often not scalable.

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Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. Experts’ Choice: Supply Chain and Logistics Email Newsletters. This is the experts’ selection – but if we had to choose just one, our go-to read is the fast-rising WSJ Daily Logistics Report. Ti Logistics Briefing.

This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Back in December, we welcomed two new members to our family: Milo and Otis, guinea pig brothers we adopted. Our first guinea pig, Bubbles, had passed away a few weeks earlier (after bringing us much joy and laughs for over four years), so we were very excited to bring Milo and Otis home and begin a new chapter of memories. Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub.

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Managing Logistics for The World’s Largest Company with Gary Sostack

The Logistics of Logistics

I grew up in New York and graduated from the New York Institute of Technology. While putting myself through school, I got a part-time job at JFK airport which opened my eyes to logistics. Right out of college, I worked at a logistics company in Atlanta. Then, after a short spell in New Orleans, I moved to Houston to work with supply chain in oil and gas. The company searched for smart people who understand what the next new technology will be.

Trends That Will Revolutionize Logistics in 2018

Material Handling & Logistics

With the advent of digitalization, the logistics and supply chain industry is getting a complete makeover. As logistics becomes the backbone of every industry like retail, e-commerce, consumer goods, and healthcare, the business world today is aligning its strategies with respect to the ongoing and upcoming logistics trends, such as robotics, artificial intelligence (AI) and machine learning algorithms. Elastic Logistics.

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

China aims to extend its logistics reach from the Pacific to the Atlantic through its One Belt, One Road initiative. The sheer size of the country’s “One Belt, One Road” logistics initiative, for instance, calls into question the true objective of the regional infrastructure plan. I don’t think logistics is the only thing on China’s mind. And what better way to do that than to basically control the foundation of the economy—the logistics infrastructure, Finley explains.

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The 5 Levels of Supply Chain Transparency!

Supply Chain Game Changer

For this reason, I thought it’d be a fun exercise to put a new name on supply chain transparency, rather than a typical sweeping-generalized definition. New York University’s Stern Center for Business and Human Rights published a report in 2017, which displayed just how damaging branded supply chain transparency can be for the business world. from the comfort of your headquarters ( New 2010 ). Subscribe Here! Email Address.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

Recent articles in the New York Times and in the I nternational Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain. New business models came about and new information.

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

6 River Systems

The world of supply chain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supply chain and logistics. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S.

Getting that “Swing” in Supply Chain Management

Talking Logistics

The New York Times best-selling book The Boys in the Boat by Daniel James Brown tells the story of how the University of Washington’s eight-oar crew team overcome great odds and adversity to win the gold medal at the 1936 Olympics in Berlin. What you find instead are functional groups — such as Manufacturing, Distribution, Sales and Marketing, and Procurement — operating in silos, like a boat full of rowers each doing their own thing.

600 Dead in Bangladesh: Is there a soul to the enterprise?

Supply Chain View from the Field

” Fourteen million families depend on the jobs produced by the apparel industry, including women such as Shaheena, a single mother described in the New York Times article this morning. Procurement Sustainability Retail Logistics Strategic Sourcing Supplier Relationship Management Supply Chain Management Sustainability News of the increasing death toll in Bangladesh continues to pour in, with the latest at 600 found dead in the rubble of the Rama factory complex.

Apple: Still a Penny Wise and Pound Foolish?

Talking Logistics

Bankruptcy Court District of New Hampshire. A January 2012 article published in The New York Times , for example, focused on many topics, including the poor working conditions at Foxconn, but here is the excerpt that caught my attention the most: Apple typically asks suppliers to specify how much every part costs, how many workers are needed and the size of their salaries. appeared first on Talking Logistics with Adrian Gonzalez.

This Week in Logistics News (April 29 – May 3, 2019)

Talking Logistics

I received a few questions yesterday about Indago , our new market research community for supply chain practitioners that benefits charities. Indago is a Latin word that means “to investigate, search out, try to find/procure by seeking.”. Moving on, here’s the supply chain and logistics news that caught my attention this week: Amazon’s Freight Push Rattles Logistics Sector (WSJ – sub.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

In the last year, a new dynamic has begun to reshape the freight industry. And until recently, he was an archtypical “insider”, an executive at one of the world’s largest and most respected forwarders, DB Schenker, where he was responsible for the New York market. Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. Supply chain volatility, increased procurement vendors, agile manufacturing and an on-demand economy.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. You can start with things like logistics, and see how much things have changed in just the past five years.

$1.9 Trillion warehouse market growing strongly driven by emerging markets

EFT

The global market for warehousing is currently growing at a Compound Annual Growth Rate (CAGR) of 6 – 8%, according to Beroe Inc, a procurement intelligence firm. Primary Event: 5th Annual Retail Supply Chain Summit: New York Précis: Growth of 6-8% comes off of strong global growth with India and China taking the lead Premium`: Freemium`: Channels: Supply Chain Industrial Logistics 3PL Article Type: Reports & Analysis Publish as a report

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

NC State SCRC

Supplier driven innovation was also a major theme at the Procurement Leaders meeting in Miami this spring. These small companies are focusing on specific business issues, and attacking them using small teams of analytical experts, and piloting and re-piloting new projects with clients. On this same trip, we discussed how small companies need to find the right supply chain partners and for companies to be courageous in exploring new technologies. (It

The American Revolution and the Supply Chain

Enterra Insights

From time immemorial, military leaders have recognized the importance of wartime logistics. General (and later President) George Washington understood his personal limitations in the area of logistics could negatively affect the outcome of the war. They point out that even though “the British logistics system was far more advanced and efficient” than the colonists’ logistics system, the shorter rebel supply chain was a differentiator.

Letter from the CEO: Coronavirus Market Update

Transplace

Some LTL carriers are embargoing parts of New York for the NBG Service Center due to the total number of cases of coronavirus in these zip codes: 10801, 10802, 10804, and 10805. Also, provide weekly data and reports to operations and procurement teams. In addition to offering capacity, our transportation experts are able to help with on-time service and network optimization, and continue to offer procurement, consulting, and engineering expertise.

Flipkart-Walmart Deal and What It Means for the Indian Online Retail Sector

Shipsy

Efficient Supply Chain and Logistics With increased internet penetration?—?thanks Given Walmart’s competence in supply-chain management, the company can provide the much-needed push by enabling the procurement of goods at village level. Last year, Walmart also acquired New York-based last-mile delivery startup Parcel. ecommerce retail logistics walmart flipkart

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Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Because the virus is so new and there is very little historical data, Blue Yonder’s data science team is very busy feeding data into the AI-driven control tower to help visualize and predict current and future impacts of the coronavirus. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

Klabin Partners with EcoVadis to Advance Supply Chain Sustainability Leadership and Performance in Latin America

EcoVadis

New partnership will drive a higher standard for sustainable practices within the global pulp and paper supply chain. . PARIS/NEW YORK – (December 11, 2019) — EcoVadis , the world’s leading provider of sustainability ratings, today announces its sustainable procurement partnership with Klabin , Brazil’s largest paper and board producer and exporter.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

That’s why we’ve created this list of the top logistics and supply chain journalists and thought leaders that we follow and suggest you check out in 2020. . Top Logistics & Supply Chain Journalists & Thought Leaders We Follow. David “Dave” Blanchard is the Senior Director of Content at EHS Today and Material Handling and Logistics. Steve Banker is the Vice president of Supply Chain Management at ARC Advisory Group and co-author of Logistics Viewpoints.

Automation in the supply chain to get major boost in 2019

EFT

A new report and industry survey from eyefortransport finds that automation is the top investment priority for retailers and manufacturers in 2019, particularly within the warehouse. Gabi Weisel, Director Global Indirect Procurement, Estée Lauder. Ryan White, Director of Freight Initiatives, New York City Economic Development Corporation.

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. Some Chinese factories still have warehouses filled with goods that they produced and failed to ship in early January, before the Lunar New Year holiday that transformed into a nationwide shut-down of about a month, due to a lack of trucking capacity. COVID-19 Impact on Procurement. A Logistics Lesson to Learn – Or Relearn.

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. It’s also poised to deliver those changes in a way that will provide value to business, instead of becoming a new cost centre. Subscribe Here! Email Address.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I was born in New York City and grew up on Long Island. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. It was not until later in the 1980s that the loose federation between planning, purchasing, manufacturing, and logistics started coming together as an end-to-end entity called supply chain. My new iPhone X is over 1000X more powerful with 256GB in it! Subscribe Here!

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used. Logistics services provider TNT runs a large distribution hub in Belgium.

Letter from the CEO: Market Update April 2, 2020

Transplace

On a personal note, I am humbled by the unwavering commitment of those in logistics that continue to deliver essential products to store shelves, hospitals, and other critical locations. Below, we are showing two charts based on data from our the Transplace logistics platform. Carriers with business heavily in non-essential retail or automotive are scrambling to find new business to replace the idled capacity. New CLP and CDL issuance / testing restrictions.

Supply Chain Management:Infosys Team at IBM Pulse 2013

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Checked into a different hotel this year - Excalibur - and it had the full view of New York - New York Roller Coaster from my room window. Tivoli has new General Manager - Deepak Advani - and he mentioned that if you read Tivoli in reverse direction, it comes out "I lov it", and so does he. About Us.

Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the supply chain fulfillment side, new initiatives, realities, and dealing with the effects of supply disruption have retail supply chain teams rather busy during this final month. Regarding unplanned supply disruption, the effects of super storm Sandy slamming directly into the New York and New Jersey regions of the U.S.

Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

However, as the brief anecdotes shared here illustrate, new and different opportunities will also result from technological advances. In recent years, firms both large and small have launched new “Data Science” or similarly named groups. Once the assembly operation is completed, the cart computer calls the mobile base to move the cart to a new location. . Omni-channel begat sharing sourcing, procurement, allocation, deployment, inventory, and yes in many cases, distribution.

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Factors Influencing Delivery Address Amendment - Infosys Blogs

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. However, during that two-week time frame she moved to New York. Learning this, I thought of delivering gift to her New York address. Instead, I had to cancel the existing order and place a new one, if I wanted my gift to be delivered to another address. Procurement Blog. About Us. Contact Us.