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These 7 Industrial Procurement Trends will Impact Supply Chain & Logistics in 2018

Cerasis

Procurement must never be an afterthought in any enterprise. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Time to Transform Transportation Procurement?

Talking Logistics

Earlier this year, in a presentation at the Manhattan Momentum Connect conference, Dr. Chris Caplice from MIT argued that “the dominant design in transportation procurement is now outdated and it’s time to transform the process.” Transportation Management C.H.

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The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Supplier Diversity in Logistics!

Supply Chain Game Changer

Supplier Diversity in Logistics article and permission to publish here provided by Kevin Jessop at cerasis.com. A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. And finally, achieve true supplier diversity in logistics.

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. This dispute presents a classic Battle of the Forms example.

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” Is the data presented as useful to make better business decisions or improve business practices? They should offer controlled and accurate data that is presented in a manner that speaks specifically to your organization’s objectives and initiatives, producing KPIs specific to departments responsible for their consideration.

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. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

Logistics experiencing a supercharged evolution

EFT

This is clearly a time of intense acceleration, challenging transportation services in particular. Technology and AI coupled to frontline data are clearly at the front of the agenda for transportation services. “It’s

Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Shipping Managers, Procurement Directors, Distribution Managers, Traffic Managers, Logistics Directors, SCM Directors, Sourcing Managers, Transport Managers and Supply Chain Directors from: Major High Street and Online Retailers.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Infor Aligns With MercuryGate To Strengthen Transportation Management. Oracle Introduces New Cloud Solutions for Transportation and Global Trade Management. Menlo Logistics Opening New Multi-client Warehouse in Ladkrabang, Thailand. Kuehne + Nagel inaugurates North America’s regional Integrated Logistics Control Centre in Raleigh, NC, USA. Note: Grand Junction, Kewill, and MercuryGate are Talking Logistics sponsors.

Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Why have so few companies adopted a TMS (Transportation Management System) solution? We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Take pride in leveraging all of the capabilities that are presented to you! . Most Procurement people like to manage and control Supplier relationships themselves. TMS (Transportation Management System).

Top Talking Logistics Posts & Episodes (Q2 2018)

Talking Logistics

Top Talking Logistics Posts in Q2 2018. Big Data in Logistics. Truck Capacity Shortage: The Past, Present and Future. Talent Management in Logistics: Why It’s More Important than Ever. Continuous Pool Optimization – Putting Creativity to Work in Transportation. Big Data in Logistics. Supply Chain Visibility: Past, Present, and Future. Transportation Spot Market Inversion. Leverage Technology to Succeed in Today’s Transportation Market.

Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Why have so few companies adopted a Transportation Management System (TMS) solution? We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Take pride in leveraging all of the capabilities that are presented to you! Most Procurement people like to manage and control Supplier relationships themselves. Transportation Management System.

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

Our prior post discussed the benefits and challenges of visibility in logistics. Most have $1M of coverage for the carrier, because even though they did not cause the damage in many cases, they were present. To keep yourself in business, there are plaintiffs attorneys that are finding out what transportation is doing, and trying to find the big deep pockets to pay damages like the $281M damage awarded in Texas – because the smaller carrier won’t be able to pay.”

What Do Shippers Want? The Right Mix of Technology, Managed Services, and Advice

Talking Logistics

The answers to “What is a third-party logistics provider?” and “What is a transportation management system?” This reality was underscored for me at the recent CLX Logistics Annual Customer Conference , where I delivered a keynote presentation on “Important Skills and Attributes Tomorrow’s Transportation Leaders Must Have” (a topic for a future post). CLX Logistics is not alone in providing clients with a mix of technology, managed services, and advice.

Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. For related commentary, see: In Logistics, Somebody Has to Own the Assets.

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Time to Squeeze Carriers for Better Rates?

Talking Logistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 A few years ago, when the market was similar to today, I wrote about a Fortune 500 company that could have saved millions of dollars in transportation costs by putting its freight out to bid. How should shippers and carriers respond to the ebbs and flows of the transportation market?

It’s All About the Logistics

Enterra Insights

Sun Tzu, the famous Chinese general, military strategist, writer, and philosopher who lived in the 6th century BC, wrote, “The line between disorder and order lies in logistics.” He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] Today, logistics and fulfillment [are] the underpinning[s] of any successful supply chain management processes, be it in the business or consumer markets.”

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address.

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Origin of Logistics & Supply Chain Revealed! - SupplyChainOpz

Supply Chain Opz

Origin of Logistics & Supply Chain Revealed! What do we know about "Logistics" and "Supply Chain" to date? According to Lummas et al 2001 , the word "Logistics" in English appeared in the article as early as in 1898. 2) Origin of "Logistics". Its here that the word "Logistics" in English language appeared for the first time. 1) Practitioners with traditional view sees SCM as part of logistics (Traditionalist). (2) NAVIGATE. Basics. Case Studies. Graphics.

The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

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Insights from MercuryGate User Conference 2014

Talking Logistics

What do you get when you bring together shippers, logistics service providers, and a transportation management system (TMS) vendor in New Orleans? Lots of interesting conversations, insights, and networking opportunities, which is exactly what took place earlier this month at the MercuryGate User Conference 2014 (MercuryGate is a Talking Logistics sponsor). Brad Young, VP Network Solutions and Services, Mode Transportation.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

A DHL whitepaper titled Building the Smarter Energy Supply Chain summarizes the situation well (emphasis mine): Much of the present exploration and development of shale gas deposits in the US is not being made by the the traditional oil majors, but rather by new players in the market. Logistics complexities in the conventional sector can quickly drive up costs and eat into profit margins, if not well managed. One area where significant waste exists is transportation management.

TMS for SMB: A Case Study with Carhartt

Talking Logistics

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? I began my presentation at last month’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference with that question, in a session titled “TMS for SMB: A Case Study with Carhartt,” where I co-presented with Andra Gibson (Project Manager, Logistics Service Solutions at Carhartt) and Gregg Lanyard (Director, Product Management at Manhattan Associates).

The 4 Key Processes Enabled by a Transport Management System (TMS) in 2015

Cerasis

We continue our series on the “State of the Transportation Management Systems” today with our post on the 4 key processes enabled by the use by shippers of a transport management system or TMS. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years. A transport management system helps coordinate all the data points in a transportation network.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Subscribe Here!

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.

Where Are You on the Transportation Maturity Curve?

BlueYonder

By that standard we should tell our transportation operations to grow up, as well, since the recently released JDA Vision 2015 Supply Chain Market Study found that most companies are operating at the lowest level of the transportation maturity curve, leaving significant money on the table from lost opportunities to cut transportation costs. Transportation Maturity Curve. The Transportation Maturity Curve. 18% manage transportation on a divisional basis.

The Importance of Change Management to a Successful Transportation Management Outsource

CH Robinson Transportfolio

We’re sharing his original post here because transportation management is always a relevant topic. Please share your thoughts and read the blog post, The Importance of Change Management to a Successful Transportation Management Outsource. To fully leverage the benefits of outsourcing transportation management, build a good change management framework, minimize implementation challenges, and plan for the future. Outsource Solutions Supply Chain Transportation Management

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics.

Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

I speak at many industry conferences throughout the year, where the majority of the audience are shippers — that is, supply chain and logistics executives from manufacturing and retail companies. At the recent McLeod Software User Conference , however, I delivered a keynote address to over 1,000 attendees, and most of them were carriers and transportation service providers. How do you plan for the future of transportation?

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

I was joined by one of my former NC State students, Scott Frahm, who sat in on a few of the presentations. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. Lean processes are standard in supply chains, including logistics, but 2018 will see a gradual transition to elastic logistics.

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. Descartes’ GLN is one of the world’s most extensive logistics electronic communications networks, connecting a global community of more than 220,000 parties in more than 160 countries. The Network Effect in Supply Chain and Logistics.