Research in Focus: Sourcing Trends and Concerns

Talking Logistics

Editor’s Note: Our “ Research in Focus ” series highlights research conducted by select partners on timely and important trends impacting supply chain and logistics professionals today. This bring concerns for transportation costs as we see as the #2 area of importance for sourcing.

Make Better Logistics Sourcing Decisions with Data-Driven Optimization

Talking Logistics

Over the past few years, as supply chains have grown in scale and complexity, so has the logistics sourcing process. Mature sourcing organizations, which have been doing traditional sourcing and category management, are starting to plateau in terms of savings and impact to their organizations, yet each year are faced with increasing savings mandates and pressure to improve performance. Upcoming Episodes Elemica Kris Beck logistics outsourcing

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing?

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. I asked Kevin O’Meara that question last week on Talking Logistics. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing.

End to End Supply Chain Visibility - Solving The Data Problem

simply seeing information in one place, aggregating data from multiple sources. ClearMet al | Solving the Data Problem in Supply Chain Transformation ClearMetal is a predictive logistics company that uses AI to enable supply. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND.

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing.

Is Amazon In-Sourcing or Creating a New Service? You Already Know

Cerasis

The post Is Amazon In-Sourcing or Creating a New Service? E-Commerce Logistics Freight Logistics amazon in-sourcingAmazon didn’t get to where it is today (hit a market cap of $1 trillion in Sept. 2018) by resting on its laurels. At the time I wrote this, Amazon’s market cap is $777.8 billion. We can all rest assured that Amazon is looking to get back up to $1 trillion and stay there. Amazon.read More.

Global Supply Chain Risk Exposures Report- Continued Reinforcement for More Risk-Balanced Sourcing Decisions

Supply Chain Matters

Within its 5th annual Natural Hazards Risk Atlas, risk analytics and advisory firm Verisk Maplecroft calls attention to high profile risk cities that happen to be today’s growing manufacturing and logistics hubs. From our Supply Chain Matters lens, it provides a yet another stark indicator that supply chain disruption and risk criteria were most likely not weighted high in past outsourcing or global based manufacturing and strategic sourcing strategies.

When it Comes to ‘Logistics & Sourcing’ at RILA Supply Chain the World is Your Oyster!

Supply Chain Network

One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place.

How Inbound Logistics Networks Can Be a New Source of Savings

Supply Chain @ MIT

Oftentimes, companies focus on their outbound logistics network to find such opportunities. […]. Featured Strategy efficiency of inbound logistics inbound logistics strategies MIT Supply Chain Management master's program redesigning inbound logistics reducing supply chain costs

Removing the 3 Barriers to Building a Predictive Supply Chain

in Predictive Logistics ClearMetal Inc. ability to harness this data and efficiently execute global logistics remains challenging. logistics has remained elusive. in logistics planning: more analysts spending more of their days manually. multiple sources.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Improving costs remains a core competency for any sourcing organization. Logistics. The post Strategic sourcing enters a new age.

Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming the supply chain and logistics processes of retailers, especially their transportation processes. But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. How does omni-channel impact transportation sourcing? Live Episode: Tuesday, January 20, 2015 at 12:00 ET.

Local Sourcing, Global Supply Chain

BluJay Solutions

Yet the company is at pains to make it clear this is part of a global operations strategy, with devices continuing to be assembled in China and Brazil and components presumably continuing to be sourced from emerging markets based on cost and quality.

Customer Service: The Source of Supply Chain Innovation

The Logistics of Logistics

Customer Service: The Source of Supply Chain Innovation. In December’s issue of InBound, editor Keith Biondi cited customer service as the source for supply chain innovation. And the logistics industry has countless IT solutions. Customer Service: The Real Source of SCM Innovation. He spends his time consulting and writing B2B marketing content helping transportation and logistics companies develop and implement their B2B blogging strategies.

Your Supply Chain Probably Has a Data Problem - Start There

sources of value for customers. Supply chain and logistics people spend. Without a centralized data source insights are difficult to gather and hidden. Today when supply chain and logistics teams are tasked.

Report That Maersk Line Looks Toward Added Acquisitions in Logistics

Supply Chain Matters

The CEO of Maersk indicated to a European business publication that acquisitions involving land logistics and transportation services are expected over the next 2-3 years.

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Static Inventory an Untapped Source of Working Capital

Supply Chain @ MIT

A research project* at the Zaragoza Logistics Center, Zaragoza, Spain, has developed models for […]. Featured Strategy Clariant inventory management research MIT Global SCALE Network responsive supply chains unlocking working capital Zaraoga Logistics Center

Amazon’s Assault on Direct Logistics and Transportation Services Becoming Far More Evident

Supply Chain Matters

More evidence surfaces indicating that Amazon is phasing-in integrated logistics and last-mile fulfillment capabilities that will challenge current industry practices. Make no mistake that Amazon will indeed serve as a continued logistics and transportation industry disruptor.

Chain of Custody: Source of Control in Global Supply Chains

Supply Chain 24/7

The logistics industry is slowly being transformed to the point when the utilization of the electronic data environment will become the norm in the industry and the additional technological advancements in IoT technology will enable the integration of complete cargo supply

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The 4 Stages of Supply Chain Analytics

Again and again, the quality of supply chain and logistics. process has been scaled in-house, then out-sourced, and partnered with rigid, error-prone ETL automation. Supply Chain Data Maturity A Guide to Transformation. How Mature is Your Supply Chain?

Second Thoughts on Second Sourcing

Supply Chain @ MIT

Featured Resilience Logistics clusters MIT CTL rapid recovery from disruptions supplier strategies supply chain risk management Yossi SheffiNot keeping all of your eggs in one supply basket is an appealing strategy to increase supply chain resilience. But it’s not always effective.

Reports of Softening U.S. Trucking Rates and Rising Global Logistics M&A are Not Coincidence

Supply Chain Matters

surface trucking rates this quarter, and a potential re-igniting of merger and acquisition activities involving global logistics carriers and services providers should capture the attention of industry supply chain management teams. .

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The Logistics & Supply Chain of Thanksgiving

Cerasis

Now, multiply that by 250 million Americans celebrating the holiday, reports Bob Trebilcock of Logistics Management. Frozen turkeys make up 90 percent of Thanksgiving sales, explains Chris Cunnane of Logistics Viewpoints. Fresh turkey spoils faster and requires fast-paced logistics.

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Outbound Logistics

LeanCor

Outbound Logistics: Think Outside of the Trailer. To facilitate a lean fulfillment stream for our outbound logistics customers, we strive to achieve the perfect order. This is what keeps lean logistics practitioners busy – day in and day out!

[VIDEO] Logistics Beacons: Using Proximity As A Logistics Oversight Service

Cerasis

The global logistics industry generates $9.1 The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. There is no larger industry in the world than logistics. Technology has always played a critical part within logistics.

Video 249

Unlocking the Value in Blockchain for Logistics

Cerasis

The value in blockchain for logistics is about more than just retaining information. Blockchain technology builds value in the supply chain through better transparency and process standardization, but it holds additional value through new logistics services and business models.

5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

Assuming current trends hold, and NAFTA remains largely intact, here are five things to consider when managing cross-border logistics between the United States and Mexico: 1. Mexico Logistics appeared first on Talking Logistics with Adrian Gonzalez.

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Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. Robinson and the MIT Center for Transportation and Logistics. From shareholders to consumers, sustainable logistics has created broad value. Logistics

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. In general, the predictive analytics solutions in logistics and supply chain are on the rise. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

Inventory Management in Service Logistics Industry

Talking Logistics

For Logistics the focus is on high inventory turns. It is a package of methodologies and statistical models developed to perform inventory rationalization and improve service within the logistics industry. What is Inventory Management? Is it about optimization?

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. Whirlpool has not always considered logistics a competitive advantage.

Transportation Logistics

LeanCor

6 Solutions for Your International Transportation Logistics Challenges. While companies may see global sourcing as a means to reduce material or component costs, they must be mindful of what the customer is actually willing to pay for through total landed cost.

This Week in Logistics News (January 7-11, 2019)

Talking Logistics

Then how about joining our Logistics Leaders for T1D Cure cycling team and help us raise money for JDRF in our quest to create a world without type 1 diabetes! Here are some excerpts from the article: XPO Logistics Inc. Did you make any New Year’s Resolutions for 2019?

This Week in Logistics News (January 28 – February 1, 2019)

Talking Logistics

I was in Orlando, Florida this week moderating workshops for a logistics service provider client. req’d) How Blockchain Could Benefit Levi’s Worker Well-Being Initiative (Sourcing Journal) Companies Plan for Tariffs, More Paperwork in Case of ‘No-Deal’ Brexit (WSJ – sub.

The State of Logistics in 2016- Accelerating Into Uncertainty

Supply Chain Matters

The 28th Annual State of Logistics report reflects a U.S. logistics industry “buffeted by crosswinds as the pace of change accelerates” as the authors term: “Accelerating into Uncertainty.” Omni-Channel Commerce Supply Chain Impacts Procurement and Sourcing Transportation and Logistics global transportation industry challenges State of US Logistics report Supply chain Matters blog