The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain View from the Field

DECEMBER 23, 2014

The leading IT magazine, CIO Review, today published a special issue on supply chain transformation, and included an article I wrote on spend management as a core capability. Purchased goods and materials are often more than 40% of the total cost of goods sold in healthcare and manufacturing sectors.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Supply Chain Game Changer

JUNE 8, 2021

I read multiple magazines and supply chain blogs to keep current. It is easy to critique, blame and make excuses – but the most successful individuals are the ones who focus on solutions and results. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Lastly, stay relevant.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Agile simply means, according to agilemethodology.org: Agile methodology is an alternative to traditional project management, typically used in software development.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

GlobalTranz

MARCH 23, 2016

Then, the team assigns responsibility for the action required to reach the desired solution. When Lean culture takes hold, the teams are self-managed, managers are no longer reactionary, and they become strategic, proactive thinkers providing sustainable solutions. Practices and learns how to apply Lean tools. that has no end.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Logistics Bureau

JANUARY 7, 2020

For example, the following five pieces of advice, which were highlighted by a 2012 Entrepreneur Magazine article and are every bit as relevant today, can be applied by any enterprise with an outbound supply chain serving online shoppers. . Procurement costs. Ethical Procurement and Corporate Responsibility.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. while nearly doubling the size of the company. This is in a position to shift again.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Start by providing them with collaboration tools that give everyone involved accurate, real-time visibility into every last PO line change and communique that passes between them. Procurement leaders say that when tackling a disruption, relationships with suppliers are what really make the difference. Proactive Tactics 1.

Supply Chain Planning Software 130

Supply Chain Planning Software Predictive Analytics Software Manufacturing Procurement Price Reduction 130

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Companies emphasized offshore sourcing, single suppliers, and centralized warehousing to optimize their operations. To enhance resilience, supply chain strategies have shifted from cost-saving to redundancy by engaging multiple suppliers, particularly from local or nearshore sources, to mitigate supply disruptions.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

The Logistics & Supply Chain Management Society

MARCH 21, 2023

. * We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. Better sourcing processes, how to implement omnichannel fulfilment, and creative solutions for labour shortages. Budget for multi-carrier shipping software. Start early.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. NAPM published a new magazine, Purchasing Magazine, in 1965.

Supply Chain Planning Software 131

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 131

6 River Systems

JANUARY 10, 2019

From choosing the right logistics management software to perfecting the order fulfillment process , there are countless processes, steps and decisions that can have an impact on the supply chain. ” — Lloyd Smith, 5 Tips for Improving Your Supply Chain Management , Mindover Software; Twitter: @mindover_austin.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Resilinc

SEPTEMBER 27, 2022

Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. Further, AI mapping tools cannot do part-site mapping.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84