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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.

How Locally Grown Products are Disrupting F&B Manufacturing

QAD

There is a developing trend that has been gaining steam in recent years that has the potential to seriously impact and “disrupt” food and beverage manufacturing. For example, a food label in a store in New York might read “ New York State Grown and Certified ”. Smaller manufacturers are popping up all over the United States, as well as in other countries, to process and produce locally grown food products. This immediately makes them a local manufacturer.

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Letter from the CEO: Coronavirus Market Update

Transplace

Transplace is closely monitoring the outbreak and the impact the reaction is having on the transportation market. Toward that end, we would like to provide you with four types of updates: 1) what we are seeing in the transportation marketplace, 2) what our customers are experiencing, 3) some best practices we recommend with regard to bidding, and 4) the actions we are taking to protect our employees and community. Letter from the CEO: Coronavirus Market Update.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Brian describes himself as “obsessively enthusiastic” about supply chain, and has helped many supply chain professionals connect and find synergies as the co-founder and organizer of the New York Supply Chain Meet Up and the Worldwide Supply Chain Federation.

Learning to Speak the Language of Demand

Supply Chain Shaman

New shoes feel awkward. Learning to speak a new language is similar. The first step to making the shift is learning a new language. New forms of analytics make new capabilities possible. While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. To become demand driven (or market driven), they need to learn how to speak a new language.

Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management. There will be more in-country manufacturing and safety stock.

Letter from the CEO: Market Update April 2, 2020

Transplace

We are pleased to provide another transportation market update for you this week. Carriers with business heavily in non-essential retail or automotive are scrambling to find new business to replace the idled capacity. New CLP and CDL issuance / testing restrictions. Automotive and other manufacturers companies have scheduled one, two-week, or even longer plant shutdowns. More Canadian manufacturing facilities are beginning to close or scale back production.

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

Supply Chain Nation

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. But these measures are not sufficient to replace China, the world´s manufacturing powerhouse or the purchasing power of the world’s biggest economy. By using AI and ML, companies can better model and predict demand and fine tune their inventory from procurement to transport to warehouse to routing supplies to locations ahead of demand.

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Those that look for new marketing opportunities despite the brittle trading conditions. Some US manufacturers, however, have resorted to airlifting supplies from China at a premium price.

How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

In the last year, a new dynamic has begun to reshape the freight industry. And until recently, he was an archtypical “insider”, an executive at one of the world’s largest and most respected forwarders, DB Schenker, where he was responsible for the New York market. Shippers are getting better visibility into freight forwarding right across the value chain of Quoting > Booking > Transporting > Delivery > Billing. How Freight Disrupted Itself.

Worried About Foreign H-1B Hirers? Award More H-1B Visas!

Cerasis

companies replace Americans, or by shuffling under-skilled workers into domestic jobs as The New York Times has implied. These firms provide a valuable service: taking the risk and complications out of procuring H-1B visas. appeared first on Transportation Management Company | Cerasis. Manufacturing STEM h1b visas

Time to turn around inventory falls by two days says new report

EFT

Customer demands for faster and faster service are having an effect across the supply chain finds eyefortransport’s new D3 2019 report. Increasingly retailers and manufacturers are looking at building distribution capabilities into more and more facilities and the sharing of inventory and fulfilment engines. This exclusive report features: An industry survey focused on retailers, e-tailers, brands and manufacturers that throws light onto the major trends emerging in 2019.

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

Supply Chain Game Changer

climate summit convened in New York. It saw leaders from around the world pledging new initiatives to address the ongoing climate crisis, including a $60 Billion renewable energy commitment from Germany, and 15 countries including Britain, Norway and Costa Rica pledging to achieve net-zero emissions by 2050. It’s also poised to deliver those changes in a way that will provide value to business, instead of becoming a new cost centre. Subscribe Here! Email Address.

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Just-in-time techniques have led to more products arriving directly from manufacturing to the end-customer, shrinking warehouse use. Furthermore, by making the warehouse a retail centre in its own right, warehouses are getting a new lease of life as end-customer distribution outlets, whether or not just-in-time methods are being used.

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

The routes they build within their country, he notes, are greatly needed to transport goods domestically. Viewing this initiative in terms of global power, Foster Finley, head of the Transportation & Infrastructure practice for consulting firm AlixPartners, thinks this effort has more to do with politics than it does business. “I Cheng Wei, Honeywell’s EPC (engineer, procure and construct) export sales leader in China, spoke to MH&L about their involvement in the project.

China 62

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. manufacturing facility in 2014.

Seasoned Leadership in Action™! An Interview with Michael Massetti, VP at Gartner!

Supply Chain Game Changer

I was born in New York City and grew up on Long Island. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. It was not until later in the 1980s that the loose federation between planning, purchasing, manufacturing, and logistics started coming together as an end-to-end entity called supply chain. My new iPhone X is over 1000X more powerful with 256GB in it! Subscribe Here!

Supply Chain Management:Indicators from the 2012 Holiday Buying.

Infosys Supply Chain Management

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. On the supply chain fulfillment side, new initiatives, realities, and dealing with the effects of supply disruption have retail supply chain teams rather busy during this final month. Regarding unplanned supply disruption, the effects of super storm Sandy slamming directly into the New York and New Jersey regions of the U.S.

The Top Logistics and Supply Chain Journalists & Thought Leaders to Know for 2020

Shipchain

He a sought-after author, having written both best-selling books and timely pieces in Industry Week Manufacturing Network and Supply Chain Management Group. His works remain expansive—from procurement through reverse logistics and even facilities management for the supply chain itself. . His voice and experience have given him the title of one of the most influential and trusted experts in supply chain management, as well as high-level manufacturing, retail, 3PLs, and technology.

Ryder Places First Medium-Duty Electric Vehicle Order with Chanje Energy and Begins to Roll Out Charging Stations

Supply Chain Network

NYSE: R), a leader in commercial fleet management , dedicated transportation , and supply chain solutions , announced today it has started to take delivery of 125 medium-duty electric panel vans, the first of their kind in North America, now available for lease or rent. markets, as well as in the Chicago and New York markets, with the latest technology in commercial electric vehicle (EV) charging. New risks emerge from time to time.

This Week in Logistics News (April 17-21, 2017)

Talking Logistics

Now, moving on to this week’s supply chain and logistics news… Amazon won a patent for an on-demand clothing manufacturing warehouse (Recode). JDA Unleashes New Levels of Supply Chain Visibility Across its Portfolio with TransVoyant. MacroPoint Announces Platform Integration with JDA Transportation Management Solution. Apple Gets Permit to Test Self-Driving Cars in California (New York Times). Manufacturers paid $36.9 Manufacturers accounted for 12.6%