Logistics Viewpoints

JUNE 7, 2022

Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Gap between supply chain and procurement.

Agile and Lean Supply Chain 270

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 270

Supply Chain Matters

APRIL 19, 2023

Supply Chain Matters highlights a published survey report that provides important observations on the existing state of domestic and international logistics visibility levels in North America. The survey, conducted in March 2022, involved upwards of 350 logistics executives across North America.

North America 52

North America Survey America Logistics Network Optimization Software 52

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 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

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. This exceeds the 55% previously reported in the Supply Chain Insights surveys. When he speaks of the supply chain, he means procurement. The trend is clear.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

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. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Freightos

MARCH 17, 2019

The annual fixed-price contract is the current go-to for ocean freight procurement. Source: SGX, Freightos Baltic Index. Just like streaming replaced that iPod as a better way of listening to music, ocean freight procurement now has a better way. But Does Fixed Ocean Price Procurement Need Fixing? We never looked back.

Optimal Sourcing 120

Optimal Sourcing Procurement Freight Price Reduction 120

Supply Chain Shaman

APRIL 18, 2023

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing. Unrest in Sudan. Shift in cycles.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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 The post This Week in Logistics News (April 16 – 22) appeared first on Logistics Viewpoints. A truly inspiring Marathon Monday as always. GW to 10.4

Logistics Network Optimization Software 224

Logistics Network Optimization Software Logistics Supply Chain Planning Software Supply Chain Design Software 224

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

Supply Chain Matters

JUNE 13, 2023

The Supply Chain Matters blog highlights a recent technology provider survey indicating that there appears to be little signs of traditional second-half peak period demand for container shipments. The May report narrative reinforced that that “the negatives seem to outweigh the positives in the logistics industry.”

Survey 52

Survey Demand Planning Software Supply and Demand Panama 52

Supply Chain Matters

MARCH 7, 2023

based Qualcomm ’s revenues from Vietnamese sourced chip facilities many of which supply other high tech firms such as Samsung, tripled between 2020 and 2022. billion in population will be the linchpin of an alternative sourced Asian supply network. One example indicated was that U.S. The report further indicates that India with 1.4

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Survey existing suppliers, third-party logistics providers and customers.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Logistics Viewpoints

JUNE 29, 2023

By fostering collaboration across all stakeholders, including suppliers, manufacturers, and logistics providers, companies can enhance visibility, streamline processes, and proactively address disruptions. The post The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend appeared first on Logistics Viewpoints.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

Ware2Go

JANUARY 7, 2022

In a November survey , 87% of merchants shared that they already were affected by increased freight costs. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock. What is just-in-time procurement? What is just-in-case procurement? Advantages.

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

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

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. But even since July 2020, much has changed.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. IDC’s March 2022 Future Enterprise Resiliency & Spending Survey showed that almost 50% of finance organizations are prioritizing consistent ESG practices and/or policies when considering industry ecosystem design and partners.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MAY 11, 2023

Supply Chain Matters readers may be familiar with the widely followed Annual Salary and Career Survey conducted by the Association for Supply Chain Management (ASCM). This week, ASCM released the results of the 2023 annual survey which was conducted from January through February of this year. All rights reserved.

Survey 52

Survey Supply Chain Planning Supply Chain Scenario Planning 52

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

While many sectors can already report decreasing greenhouse gas (GHG) emissions, logistics continues to be seen as a hard-to-abate sector given its current growth rates and its persistent dependence on fossil fuels. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Matters

MAY 26, 2022

In this Supply Chain Matters editorial commentary we address the dichotomy of revisiting supply chain strategic sourcing strategies in the wake of a rapidly changing l landscape of challenges. Strategic Sourcing Shifts Away from China. Basis of Materials Strategic Sourcing. Background. The basis of this reporting is twofold.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Manufacturing Procurement 52

Jaggaer

MARCH 23, 2020

And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

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

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. The other risk management software supplier’s methodology was based on surveys.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Talking Logistics

JUNE 30, 2015

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. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Enterra Insights

AUGUST 2, 2019

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]

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Material Handling & Logistics

MARCH 9, 2018

From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.

Optimal Sourcing 51

Optimal Sourcing Cost Reduction Strategies Procurement Sourcing Strategies 51

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Game Changer

JULY 3, 2019

Sustainability is created at the source of our products, services, and consumption. Sustainability is created from Responsible Sourcing. How can you make Responsible Sourcing a Reality? If you can excite the people around you about sourcing responsibly, chances are you’ll be able to formulate a network of internal champions.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

The Logistics & Supply Chain Management Society

NOVEMBER 15, 2021

Billing inaccuracy and payment challenges are massive problems in the logistics industry. A 2021 Cargo Owners and freight forwarders survey, confirms this. It is clear that complex, manual payment processes are critical sources of costly mistakes and over billing. Billions of dollars are thrown overboard every year.

Study 246

Study Forecasting Software Freight Logistics Network Optimization Software 246