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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. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement. The global supply chain creates many challenges and opportunities in procurement. Integrated Procurement and Payment Systems Simplify the Process.

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Manufacturing Plant Site Selection: Where to Locate Your Manufacturing Plant

Cerasis

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. Unlike retail, office, or residential locations, a manufacturer must also consider various environmental regulations , workforce issues, and raw material availability, among other things.

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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.

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Procurement & Suppliers: Paying Attention to Terms & Conditions to Keep Supplier Relations Postitive

Cerasis

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". However, in many circumstances, the supplier will send an invoice that contains one set of terms, while the procurement professional will issue a purchase order which contains additional or different terms. This dispute presents a classic Battle of the Forms example.

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6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

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Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Bottom line: Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level. New products are proliferating in manufacturing today, and delivery windows are tightening.

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The Future of Energy for Manufacturing!

Supply Chain Game Changer

Today manufacturers must continually look for waste reduction, process improvement and supply chain efficiency to meet competitive pressures and their customers’ cost reduction requirements. North American manufacturers who have followed this course have seen significant and sustainable results often with reductions of 25% which in turn helps to maintain and enhance their immediate market position. What role will energy play in the long-term strategy for manufacturers?

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Zara – The Benefits of Agile Procurement / Supply Chain

ivalua

The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Local Manufacturing: Zara presents a drastically different approach than its competitors. This also helps reduce the overall carbon footprint through significant reduction in transportation.

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TMS for SMB: A Case Study with Carhartt

Talking Logistics

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? I began my presentation at last month’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference with that question, in a session titled “TMS for SMB: A Case Study with Carhartt,” where I co-presented with Andra Gibson (Project Manager, Logistics Service Solutions at Carhartt) and Gregg Lanyard (Director, Product Management at Manhattan Associates).

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What Do Shippers Want? The Right Mix of Technology, Managed Services, and Advice

Talking Logistics

and “What is a transportation management system?” The reality is that manufacturers and retailers have a diversity of options today, and the right partner (regardless of what you label them) is the one that can provide the right mix of technology, services, and advice to help you achieve your desired outcomes.”. The answers to “What is a third-party logistics provider?” don’t fit so neatly in a box any more.

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Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. It is this ability to present the entire freight transport and logistics supply chain under one roof that makes Multimodal the go-to event for shippers, importers, exporters, manufacturers, wholesalers, retailers – all seeking ways to run a slicker supply chain. Manufacturers. Multimodal 2015. Date: 28 – 30 April 2014.

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Manufacturers Optimistic About Economy But Worried About Cybersecurity

Material Handling & Logistics

The top cybersecurity threats in 2017 for small and mid-sized industrial manufacturers were identified as phishing attacks, IP theft and third-party security breaches. Revenue and employment growth are predicted for the next 12 months, but manufacturers are concerned about cybersecurity risks, according to a new study, the 16th annual Purchasing and Manufacturing (PM) Survey, from Primate Advantage. Cost Pressures: Procurement Insights.

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Eyvo Security Upgrade to TLS 1.2

Eyvo

In 2015, the NIST mandated that government agencies upgrade to a new Transport Layer Security (TLS) protocol, TLS 1.2, which addresses loopholes present in SSL and TLS 1.0 E-Procurement Software securityPlease note that effective Jan 1st 2021 Eyvo will no longer support TLS 1.0

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The Case for Less Silos, More Intelligence in Supply Chain Management

Talking Logistics

Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.

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Aspects of Shutdown Planning - Safety & Procurement

Infosys Supply Chain Management

Safety team has to define the potential loss which is associated with hazards and present the need to eliminate the hazards to Shutdown team. Procurement: After identifying the equipment, for the detailed task that would be executed determine the list of spare parts required. Procurement considers and involves a gamut of factors and activities to be done beforehand. Safety: There may be many factors contributing to success of the shutdown and the most important is safety.

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Multichannel Fulfillment & Shipping: Considerations for Wholesale Distributors & OEMs in the Transition From Single Channel Shipping

Cerasis

E-commerce has presented wholesale distributors and original equipment manufacturers (OEMs) with a crown opportunity for growth, but it comes at the cost of transitioning from single-channel shipping. Unfortunately, manufacturers and OEMs may lack the infrastructure necessary to facilitate such changes, and resellers face challenges in optimizing procurement for the world of e-commerce. Distribution E-Commerce Logistics Manufacturing

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3 Ways to Spot Supplier Risk in Communication

Cerasis

Editor’s Note: This post is a continuation of an ongoing collaborative blog series with Spendrix, a company who was made for procurement teams of all sizes and we currently serve customers in Manufacturing, Oil & Gas, Construction, Logistics, and the Food & Beverage industries. Conversely, poor supplier relationships present a threat to your business; however, it is possible to hedge against supplier risk.

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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Carriers, You’re in the Information-Handling Business Too (Takeaways from McLeod Software User Conference 2015)

Talking Logistics

I speak at many industry conferences throughout the year, where the majority of the audience are shippers — that is, supply chain and logistics executives from manufacturing and retail companies. At the recent McLeod Software User Conference , however, I delivered a keynote address to over 1,000 attendees, and most of them were carriers and transportation service providers. How do you plan for the future of transportation?

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3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Manufacturing/Auto/Industrials – Raw material and original equipment manufacturer (OEM) supplier networks, along with factory outputs tied to industrial equipment, automotive products, and consumer goods. Conduct procurement exercises regularly and often.

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Software is Not Enough: SAP and Descartes Partner on TMS Connectivity

Talking Logistics

That is one of the most important, yet often overlooked, questions shippers should ask before implementing a Transportation Management System — specifically if they’re implementing a traditional, behind-the-firewall solution. These services will leverage the transportation information created by SAP TM and provide filing status updates to SAP TM for improved shipment visibility.

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Sustainable Procurement: Want change? The first step is to create urgency

EcoVadis

When new clients come to us they often have many questions about the right steps to take in order to ensure effective implementation of their sustainable procurement program. Procurement professionals are an extraordinarily busy breed and are especially bogged down with supplier data on cost, quality, delivery, price, etc. So, what are those realities for sustainable procurement? implementing sustainable procurement business processes).

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Letter from the CEO: Market Update April 23, 2020

Transplace

The automotive industry continues with many manufacturers closed. As soon as the manufacturers start ramping up, capacity for exports could be absorbed creating capacity issues for other industries. This past week, some states announced a mandatory shut down of manufacturing plants in Mexico until April 30. This indicator affects transport companies in Mexico that have income in pesos as all their parts and some of their payments could be based on U.S.

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Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

The goal for any supply chain initiative is to bridge the widening gap between business expectations and operational performance, and to do this not just against the present challenges but against the challenges of the future. Supply chain organizations have been on a long journey to improve customer fulfillment and collaboration, especially in logistics functions such as transportation and warehousing. Driving Continuous Innovation with Oracle Manufacturing Cloud.

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Letter from the CEO: Market Update May 21, 2020

Transplace

For many Canadian shippers, manufacturing, automotive, and retail (clothing / furniture) has been negatively impacted as generally is the trend for these segments. Based on the above three points, one can make the argument that the Canadian transport industry has not been as impacted by the pandemic as the U.S. Majority of countries are re-opening gradually and cargo flows are re-emerging as shippers and manufacturers increase activities.

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What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

I also mean that these data are being presented in a way that allows supply chain managers and executives to make both effective and unambiguous decisions about priorities and actions. For example, it may also be valuable to know the condition of the shipping buffer, so having some logistics integration with the shipping companies that are handling the transportation of the materials, which could also be valuable. Richard Cushing is principal/consultant for Cushing & Associates.

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Providing Protective 3D Printed Gear to Combat the Spread of COVID-19

DiManEx

We have scaled up capacity to produce thousands per day through our network of Additive Manufacturing partners. They have an Additive Manufacturing Expertise Center internally to produce 3D printed gear and they work with us to secure spare parts and components. With ID holders, police agents don’t need to have contact with citizens when they present their passport or ID card. Dutch Railways is also working with us to procure face masks for their employees.

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The Top 10 Supply Chain Blog Posts from 2017

Cerasis

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation.

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From soba to udon—Are the noodles in the FTA bowl getting too thick? – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

There are however many other companies that do not trade tangible goods across borders but may be able to benefit from provisions on services, investment and government procurement etc. Documentation to be presented.

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Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

Peter Fretty ( @pfretty ) writes, “Properly leveraged, artificial intelligence (AI) has the potential to empower manufacturers with data-based insights specific to their individualized operations. Gal Horvitz, senior vice president of digital at Genpact, explains, “Advanced data analysis and AI can present [decision-makers] with several options to guide their decision on how to best proceed forward.

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Such providers understand domestic transportation issues, and can plan to develop long-term solutions to complex local distribution challenges. Procurement will play a key role in monitoring supply base conditions.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. In our monthly webinar last Wednesday, I presented these results. During the webinar, a respondent asked me to not present just the facts but to give advice. The design of transportation and supplier networks.

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Visibility and Its Importance in Supply Chain Execution Convergence

BluJay Solutions

The following is a high-level recap of his presentation “Successful Supply Chains are Converging around their TMS – is Yours?”. Today’s supply chain and procurement managers face more challenges than ever before. At its most basic, SCEC brings together the different enterprise departments that manage the end-to-end supply chain, breaking down the silos among warehousing, manufacturing, transportation, etc.

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The Basics of Walmart Replenishment

SupplyPike

Walmart’s global inventory is worth more than $32 billion on any given day and presently operates more than 11,500 stores across 27 countries. Since transportation is scheduled with such harmony, transportation costs stay low, as does the transportation time. Walmart has been practicing strategic sourcing to procure the best prices from its suppliers on every product.

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15 Improvements by the Deployment of The Internet of Things in the Supply Chain

Cerasis

Thus, in the global supply chain, exploiting the opportunity presented by the Internet of Things technology can improve: revenue growth, asset utilization, waste reduction, customer service, profitability, sustainability, security, risk mitigation, working capital deployment, agility and. Traditional supply chain tasks in procurement , planning, logistics and supplier management would be streamlined by intelligent, data-driven systems in a collaborative multi-enterprise environment.

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