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10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Manufacturers must work to consolidate incoming supplies and outgoing shipments to make their incoming and outgoing freight more attractive to major carriers. Consider Cyber Security Concerns in the Procurement Supply Chain.

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. This is the demand-driven supply chain.

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How More Effective Inbound Logistics Management Improves Procurement in the Supply Chain

Cerasis

Making changes that promote effective inbound logistics management can have a significant impact on your organization’s procurement department and team members. Unfortunately, many in the industry still uses the terms procurement and inbound logistics interchangeably, but procurement involves much more than merely managing the logistics of moving products from vendors and suppliers to your building.read More.

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

Cerasis

Procurement must never be an afterthought in any enterprise. Manufacturers need to have the right raw materials and supplies available. Supply chain entities need to know vendors will be held accountable and adhere to the terms within vendor-supply chain partner service level agreements. Supply chain professionals must also know how they will be shipping freight. Companies Will Seek New Ways to Use Technology in Procurement.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. Important Digital Procurement Trends. What Is Digital Procurement?

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

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

Cerasis

Big data will be a defining force in the future of logistics, but the benefits of big data are already being felt. Before thinking about future possibilities, you need to understand how it is currently being leveraged, According to Katrin Zeiler , supply chain entities will be able to lower overall operating costs, create and test newer business models, develop and maintain a higher standard in customer service and attain unsurpassed efficiency.

Chainalytics Delivers Award-Winning Global Logistics Procurement Program

CHAINalytics

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics.

Strategies, Tips, and Pitfalls of Modern Transportation Procurement

Logistics Viewpoints

The biggest constant in transportation today is changing. The effort to move closer to the customer – by virtually all businesses – means supply chain networks of old must be replaced with more links, more nodes, and smaller, more frequent shipments. The post Strategies, Tips, and Pitfalls of Modern Transportation Procurement appeared first on Logistics Viewpoints. Procurement Transportation Management Systems TMS transportation procurement

How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

Cerasis

Unfortunately, this may lead some supply chain managers or executives to simply avoid the topic until a more cohesive understanding of its possibilities can be made. As explained by the Boston Consulting Group , supply chain leaders should gather all stakeholders from an organization. For example, supply procurement, manufacturing processes and warehousing information should be the first considerations. Data Supply Chain Transportation

Does Your Company Have A Solid Transportation Procurement Strategy?

Logistics Viewpoints

The logistics marketplace is dynamic and demands attention to truly optimize and enable strategic advantage. Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. What is preventing your organization from evaluating the current market for logistics services and challenging your existing […].

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Success in Supply Chain Planning Is a Flip of a Coin. Supply chain planning success is difficult to achieve. The second issue is treating supply chain planning as a technology project implementation.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

Understanding how different factors affect the supply chain remains a top priority for research firms around the globe. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. Additionally, the push toward creating a self-sufficient AI is growing stronger among supply chain professionals.

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The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

The era of paper-based systems and physically monitoring the supply chain is ending. Supply Chain Management. Supply chain management is a broad term used to describe the current use of the industrial internet of things in the supply chain. Warehouse management of the IoT is built the same principles of overall IoT-based supply chain management. Transportation Management.

Revisiting Transportation Forecasting

Talking Logistics

Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. In this episode, Adrian discusses the key challenges and opportunities associated with transportation forecasting. Watch as Adrian discusses: Two key reasons why transportation forecasting has been a challenge to implement.

Collaborating on Supply Chain Research

Talking Logistics

Is there a greater need for supply chain research today than in the past, and if so, why? Robinson , in a recent episode of Talking Logistics titled, “ When Shippers, 3PLS, and Universities Collaborate on Supply Chain Research.” Here’s a snippet of Steve’s response: What we’ve seen over the years is transportation, logistics, and supply chain moving from being back-office, required functions to being very strategic.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments.

[WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018” white paper! This is a must read for those in the supply chain industry to stay on top of their games! This white paper, “The Top Supply Chain Trends that will Impact Supply Chain Management in 2018” is the second in our overall industry trends white paper series.

[e-Book] The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries

Cerasis

The logistics, manufacturing, supply chain, and transportation industries are going through a time of rapid and unprecedented transformation. In this e-Book, we will explore emerging technologies and applications which will forever change the industries of manufacturing, supply chain, logistics, and transportation forever. Technology’s Role in Procurement. Logistics & Supply Chain Impacts of Technology.

Procurement in the Digital Age

Talking Logistics

There has been a lot of discussion the past couple of years about digital transformation, which is impacting all aspects of supply chain management, including procurement. What’s new and different with procurement in this digital age? How can external partners help companies achieve excellence in procurement? Read more Procurement in the Digital Age. The post Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

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.

The Difference Between Logistics and Supply Chain Management

My Office Apps

The Difference Between Logistics and Supply Chain Management. Most people assume that logistics and Supply Chain Management (SCM) refer to the same process. So, how did the concepts of logistics and Supply Chain Management become so intertwined in their use when they mean very different things? Read on for a differentiation of logistics and SCM, and an overview of a cloud-based ERP software that helps streamline both processes.

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Why Transportation Procurement is More than an Event

Talking Logistics

Sometime in the last half of 2018, the transportation market began to soften. The shift began, and in procurement we saw an increase in bid activity that has continued into 2019. Transportation Procurement: Things to Keep in Mind. Today, whether you’re managing procurement events or working with a partner that manages the service on your behalf, here are some things to keep in mind.

[Video] Procurement in the Digital Age

Talking Logistics

Brian Reed, VP Global Supply Chain Optimization at GEODIS, discusses procurement in the digital age. Podcast version (click to play): The post [Video] Procurement in the Digital Age appeared first on Talking Logistics with Adrian Gonzalez. Brian Reed, VP Global Supply Chain Optimization at GEODIS, discusses procurement in the digital age.

[e-Book] The Most Impactful Supply Chain & Logistics Trends in 2017

Cerasis

This is quite the appropriate quote from Supply Chain thought leader, Steve Banker, the Service Director, Supply Chain Management at ARC Advisory Group, a leading industry analyst and technology consulting company. The reality is that the speed at which the supply chain & logistics industries are changing are breathtaking. e-Books Logistics Supply Chain

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Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers. Key to this opportunity is working with a credible, aligned outsource supply chain provider.

Supplier Diversity in Logistics!

Supply Chain Game Changer

Subscribe to 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.

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

Talking Logistics

“We will see $300 a barrel — or roughly $250 in today’s dollars — because oil supply will be so short. That will be in 2015, after the peak of oil [supply].”. I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. The EIA now expects that “global liquid fuels supply will continue to outpace consumption, resulting in an average stock build of 0.4

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Navigating the Supply Chain Management Fault Line

Supply Chain Shaman

Supply chain management technology has a fault line. The technology market for supply chain management is dramatically shifting. Decision support includes all forms of planning: demand, supply, revenue, manufacturing and transportation planning. This transfer of ownership reduced the effectiveness of procurement. The Autonomous Supply Chain for Physical Logistics. Tremors. Seismic shifts.

Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. The post Infrastructure Planning Guidelines for Supply Chain! Subscribe Here! Email Address.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

Also last month, a research report published by Retails Systems Research (RSR) in cooperation with SPS Commerce showed that 40% of the 563 companies surveyed (including retailers, manufacturers, distributors, and logistics service providers) plan to increase the number of drop-ship vendors in 2017, while logistics service providers expect large increases in drop-ship relationships over the next three years. Overview of Supply Chain Operating Network.

Will Blockchain Technology Revolutionize Supply Chain Applications?

Logistics Viewpoints

Building unbreachable supply chain applications is virtually impossible. Logistics Technologies Mobile Technologies Procurement/Sourcing RFID & AIDC Supply Chain Visibility Track and Trace Transportation Management Systems Bitcoin blockchain IBM tenderingSo it was with great interest that I listened to how blockchain technology could be used to create robust tendering and visibility that can be wholly trusted.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management. This rapid growth followed by market decline has led oil and gas companies to finally face reality — i.e., that they need to move up the supply chain maturity curve to enable profitable growth moving forward. One area where significant waste exists is transportation management.