Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

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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

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The Logistics of Logistics

DECEMBER 8, 2023

Kevin is the group director of customer logistics for Ryder System, Inc. , a leading logistics and transportation company. About Kevin Clonch Kevin Clonch is the group director of customer logistics for Ryder System, Inc. About Ryder Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company.

Freight 193

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GlobalTranz

SEPTEMBER 12, 2016

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.

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The Logistics of Logistics

APRIL 26, 2022

Freight Truck Shortages Are Changing The Face Of Logistics. Original article: Freight Truck Shortages Are Changing The Face Of Logistics. Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. However, freight procurement is changing.

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SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 101

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QAD

AUGUST 18, 2022

A lack of traceability in the drug supply chain is a barrier to progress in all of these areas, but the US Food and Drug Administration (FDA) is working to change that through the Drug Supply Chain Security Act (DSCSA). What is the Drug Supply Chain Security Act (DSCSA)? What are the Two Parts of the Drug Quality and Security Act?

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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. For instance – improved communication skills or legal contract knowledge.

Buyer Training 52

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The Logistics of Logistics

AUGUST 11, 2021

Logistics and Supply Chain – 1940 to 2040 with Jason Miller. Jason Miller and Joe Lynch discuss logistics and supply chain, 1940 – 2040. Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. Key Takeaways: Logistics and Supply Chain – 1940 to 2040.

Supply Chain Software 130

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Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

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Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

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Logistics Viewpoints

APRIL 22, 2022

And now on to this week’s logistics news. Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 Just over half (53 percent) said that their company and its suppliers are equally responsible for the security of supply chains. A truly inspiring Marathon Monday as always.

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Logistics Viewpoints

OCTOBER 20, 2022

The original intent may have been for shippers to secure capacity at agreed-upon rates and for carriers to ensure they have enough volumes to keep their trucks loaded and moving. The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes.

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Logistics Viewpoints

APRIL 8, 2024

Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology. The procurement department defines their appetite for risk and only suppliers that exceed a risk threshold score are displayed as companies they should not do business with.

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My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Cost-Efficiency: Operates on a subscription model, reducing upfront costs and handling maintenance, updates, and security.

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Logistics Viewpoints

APRIL 15, 2022

And now on to this week’s logistics news. ” CVS Health also said it has imposed a limit of three baby formula products per purchase in stores and online, until it can procure sufficient supply from its vendors. The post This Week in Logistics News (April 9 – 15) appeared first on Logistics Viewpoints.

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ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

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The Logistics of Logistics

DECEMBER 19, 2022

Bill was also President of Swift Logistics, a leading brokerage and 3PL provider, and head of marketing and strategy for Swift Transportation. Transflo links the entire supply chain together in one digital ecosystem, creating visibility, security, and customization for every freight professional. The Logistics of Logistics Podcast.

Supply Chain Design Software 221

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Logistics Viewpoints

MARCH 28, 2022

Shortages of drivers is just one of the contributors to the difficulties shippers are having in securing the truck capacity they need. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing.

Logistics Network Optimization Software 43

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The Logistics of Logistics

JUNE 30, 2022

55 Supply Chain & Logistics Experts You Should Follow on Social. Original Article: 55 Supply Chain & Logistics Experts You Should Follow on Social. Sarah takes the most complex supply chain and logistics subjects and explains them effortlessly to all audiences. . Lisa Anderson. Twitter: @LisaAndersonLMA. Kelly Barner.

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Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Demands of quickly securing alternative sources of supply due to market changes, supply shortages and disruptions. Outside-in insights to integrate market and category intelligence.

Prescriptive Analytics Software 194

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The Logistics of Logistics

SEPTEMBER 23, 2022

Jeff is the CEO of Tucker Company Worldwide , the oldest privately-held freight brokerage in North America, specializing in notoriously complicated freight, like temperature-controlled, oversized, and high-value, high-security shipments. Jeff was recently appointed chairman of the Transportation & Logistics Steering Committee for BSMA.

America 182

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The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The vital role of logistics and its decarbonisation in the fight against climate change is undisputed. Yet there are still concerns that environmental improvements might impair the economic efficiency of logistics. Distinguishing the sustainable logistics leaders. It Is Time to Act. 2020 has been a pivotal year in many respects.

Cost Reduction Strategies 162

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Proxima

JUNE 5, 2023

It is now relatively safe to say this period has passed – for months now we have been seeing an increase in manufacturing and logistics capacities, as the strategies firms have deployed to counteract supply chain disruption begin to bear fruit. In the world of procurement and supply chain, this is an important moment to pivot our approach.

Negotiating Skills 52

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Zipline Logistics

JANUARY 10, 2023

T he cascading logistical problems caused by the pandemic and the war in Eastern Europe have made securing a reliable supply chain a national imperative. So, what must manufacturers and policymakers do to ensure that we have secure and resilient supply chains? About Andrew Lynch. Andrew Lynch x Authority Magazine Interview.

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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?

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GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

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Logistics Viewpoints

JULY 13, 2022

Well, there are a number of different types of supply chain fraud that impact global supply chains, from the procurement of materials to the end delivery of a product. These include: The Procurement bidding process and business awards. The post Supply Chain Fraud 101 appeared first on Logistics Viewpoints. Supplier legitimacy.

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Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. This intermediate step is more related to Procurement and supply chain transparency.

Supply Chain Risk Management 224

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GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

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GlobalTranz

OCTOBER 16, 2015

As a third-party logistics company focused on over the road transportation management, and having an LTL rating engine and web-based TMS for nearly 20 years (web-based even before Google!), at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well.

Negotiating Skills 120

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Supply Chain Matters

NOVEMBER 6, 2023

Featured names in this latest edition include Jabil and ProcureAbility , JAGGAER and Trustpair, Coupa and project44 executive hires and a newly issued Biden Administration Executive Order addressing Generative AI technology development and threats. has announced completion of the acquisition of procurement services provider ProcureAbility.

Supply Chain Design Software 52

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Kanban Logistics

AUGUST 13, 2020

What is inbound logistics? See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. What is inbound logistics? 3PL inbound logistics services. Third-party procurement.

3PL 98

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Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Benchmarking 231

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GlobalTranz

FEBRUARY 20, 2018

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In our first post on this subject, we addressed the 5 automated logistics technologies that will serve as the foundation of the transformation to the digital logistics & supply chain landscape. download ebook.

Logistics Network Optimization Software 181

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GlobalTranz

APRIL 13, 2017

Most shippers have existing vendor compliance programs in place within their vendor inbound logistics guide. Unfortunately, the traditional logistics of sending out paper guides and even keeping updated online versions has grown complex and difficult to control.

Vendor Strategies 123

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MIT Supply Chain

MAY 20, 2014

A new approach focuses on the way these products are procured. Research at the MIT-Zaragoza International Logistics Program , Zaragoza, Spain, is investigating why drug dispensers such as clinics and pharmacies might acquire fake drugs. Mahmut Parlar, DeGroote School of Business, McMaster University, Canada.

Manufacturing Procurement 88

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