Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. The trend is clear. Which gets me to the question, “What is supply chain management? When he speaks of the supply chain, he means procurement.

Supply Chain Planning Software 409

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 409

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

ToolsGroup

SEPTEMBER 18, 2023

This shows hope that one day, we won’t need an award like this because men and women in the supply chain will be equal,” says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

GlobalTranz

APRIL 6, 2015

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. As a transportation management third party logistics company, we know at Cerasis that transportation makes up a large portion of the costs and efficiencies of any supply chain. 3) Risk Management.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

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

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 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

Material Handling & Logistics

OCTOBER 30, 2018

It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. 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.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Talking Logistics

DECEMBER 11, 2014

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. In many cases, we look at recent trends and simply project them forward, but this assumes that the factors impacting that trend, either directly or indirectly, will remain the same, which is often a false assumption.

Predictive Analytics Software 203

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 203

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. Demand Planning: Demand planning involves forecasting customer demand based on historical data, market trends, and other relevant factors.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

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

Supply Chain Matters

JANUARY 25, 2024

The Supply Chain Matters blog announces the availability of our latest recorded podcast episode: Risk Megatrends That Supply Chain Management Teams Should Anticipate in 2024. She is a founding member of the Global Supply Chain Resiliency Council and a member of the Advisory Board of MIT Center for Transportation and Logistics.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 59

CH Robinson Transportfolio

DECEMBER 8, 2015

On a recent episode of Talking Logistics , Adrian Gonzalez and I discussed four key trends that should be on your radar as you prepare for 2016: Potentially slower economic growth, transportation market, bid season, and risk management. Don’t fall short in planning and executing a successful procurement event.

Trends 34

Trends Cost Reduction Strategies Logistics Risk Management 34

Talking Logistics

JULY 24, 2015

There was a lot of supply chain and logistics news this week, so let’s go straight to it. UPS Said to Be in Talks to Buy Coyote Logistics for $1.8 Bloomberg broke the news this week that UPS is reportedly in talks to buy Coyote Logistics for $1.8 Billion (Bloomberg). Descartes Acquires MK Data Services LLC.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software 100

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Risk Management.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

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 Matters

OCTOBER 4, 2022

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. Economists currently warn that these trends are subject to significant change as the rapidly increasing value of the U.S. export activities.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Freightos

AUGUST 26, 2015

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. Ti Logistics Briefing.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

The Logistics & Supply Chain Management Society

JULY 16, 2023

Demand changes refer to shifts in customer preferences, market trends, or unexpected spikes in demand. Furthermore, talent shortages pose a challenge to supply chain management. Supply chains navigated logistical challenges, sourcing components, and assembling products efficiently.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Matters

JANUARY 19, 2024

Since our inception as an independent supply chain management industry analyst advisory services firm, The Ferrari Consulting and Research Group has published a series of supply chain management focused annual predictions which are produced to advise our clients and global supply chain management teams as to what to anticipate in the coming year.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

SCMDOJO

JUNE 6, 2023

Data analytics enables businesses to do the following to make precise demand forecasts: Analyze market trends Analyze historical sales data Analyze customer behaviour Businesses can generate reliable demand forecasts when they leverage advanced statistical models and machine learning algorithms. This brings us to our next point.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

EazyStock

JANUARY 18, 2019

Are you interested in expanding your knowledge on the latest trends and technologies within the supply chain industry? Live Americas peer forum 2019 by SCM World is a great event for senior-level supply chain practitioners to be introduced to predicted trends and be involved in a cross-industry knowledge sharing experience.

Supply Chain Design Software 53

Supply Chain Design Software Gartner Supply Chain Software Optimal Sourcing 53

Talking Logistics

APRIL 21, 2017

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). Oracle Warehouse Management Cloud Update Helps Businesses Scale Logistics to Meet Multi-Channel Demand. Logistics Platform Haven Sets Sights on SAP with Launch of Haven TMS.

Supply Chain Design Software 0

Supply Chain Design Software Logistics Network Optimization Software Demand Planning Software Manufacturing Procurement 0

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? The post Supply Chain Risks: Which Are Top of Mind Today? appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain 103

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

Enterra Insights

OCTOBER 26, 2023

.” Investing in Resiliency Faisal Rashid , a Supply Chain Manager at Aramco, states what should be obvious: “Resilience is not an inherent trait of supply chains; it is a choice that companies must make.”[2] ”[2] He adds, “Businesses must develop strategies that focus on risk management, agility, and flexibility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

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

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.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. business logistics costs reportedly rose by 22.4 For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain View from the Field

AUGUST 1, 2015

As organizations continue to discuss the notion of procurement value transformation, there is a noticeable gap between the stated intentions of organizations to pursue value, and their actions as they pertain to on-going adversarial approaches to supplier relationships.

Analytics Software 60

Analytics Software Logistics Network Optimization Software Procurement Analytics 60

Talking Logistics

JUNE 24, 2016

A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supply chain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% business logistics costs rose to $1.48 in favor to 48.1% Which one are you?

Logistics Network Optimization Software 103

Logistics Network Optimization Software Logistics Supply Chain Software Analytics Software 103

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

GlobalTranz

APRIL 25, 2016

If cost reduction is not the only thing to measuring supply chain performance, that begs the questions: "Maybe we should be measuring other Supply Chain Management activities and what would they be?". Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Read more. . Read More. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Talking Logistics

JULY 5, 2017

The near-infinite processing power Cloud computing provides (along with other technological innovations) will cause everyone in the supply chain and logistics field to unlearn the way we’ve always done things, everything from the way we design software applications to how we design and manage supply chain processes.

Supply Chain Design Software 113

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 113

Talking Logistics

JULY 13, 2015

Earlier this year in Procuring Logistics Services is Not the Same as Buying Paper Clips , I wrote about an issue that continues to negatively affect 3PL-customer relationships: Procurement organizations looking to shift more and more risk on third-party logistics providers — while, of course, also demanding lower costs.

3PL 100

3PL Industrial Industry Third Party Logistics 100