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

Cerasis

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. 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.

3 Best Practices to Improve Your Flatbed Shipping Performance

CH Robinson Transportfolio

Flatbed shipping is an important contributor to the overall economy as several key industries leverage this solution for the movement of their critical freight. When it comes to flatbed shipping, each industry faces unique challenges in seasonality, regulation, competition, and scalability.

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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.

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. Over the last year, average e-commerce sales have increased more than 15 percent, revealing the increasing demand for multichannel fulfillment and shipping. Adapting supply chain systems to succeed in multichannel fulfillment and shipping, also requires additional setup time.

Tariffs and Procurement: A perfect match?

Proxima

According to recent Procurement Leaders research , 40% of category managers are anticipating risk associated with tariffs. would result in charging $30 per pound of widgets shipped whether widget sold for $100 or $200 per pound. How Procurement fits into the equation. With the ever-evolving changes in international trade between nations, procurement personnel should be aware of any modifications that may affect a category or commodity being sourced.

How to Be a Preferred Shipping Customer: Strategies for the Coming Capacity Shortage

Talking Logistics

Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. This allows trailers to be loaded and unloaded without drivers being present and gets them back on the road faster. Understand the full range of shipping alternatives your carriers can offer. The post How to Be a Preferred Shipping Customer: Strategies for the Coming Capacity Shortage appeared first on Talking Logistics with Adrian Gonzalez.

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

Supply Chain Movement

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. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers Multimodal 2015.

New Lithium-Ion Battery Shipping Regulations Can Impact Electronics Supply Chains (Part 1)

Resilinc

In Part 2, we discuss why many shippers and advocacy groups disagree with the prohibition, and what this ban can mean for supply chain and procurement professionals. Due to long-standing concerns from pilots and plane makers that lithium-ion battery (LIB) consignments present a critical fire risk aboard aircraft, the ICAO’s 36-state governing council declared the prohibition along with other LIB battery shipping regulations, effective April 1 st , 2016.

Supplier Diversity in Logistics!

Supply Chain Game Changer

According to the Harvard Business Review , “ An inclusive procurement strategy widens the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Focusing on Efficiency: Setting Foodservice Up for Success in Changing Market Conditions

CH Robinson Transportfolio

Often, these areas of opportunity present themselves when your organization or the market is fluctuating. Maybe the need for multiple SKUs is affecting how you ship. Adding efficiency to your supply chain is a never-ending journey. There’s always an opportunity to improve.

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services. Supply Chain is central to the present and future of your company and it’s success. Subscribe Here! Email Address.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most of us have heard of “ Direct to Consumer “ At its core it is a Supply Chain channel management strategy which eliminates intermediary channels and enables a company to receive orders directly from the customer and ship those goods directly back to that customer. Drop shipping is another example of eliminating unnecessary and redundant material movement and transportation. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Want Success?

4 Truckload RFP Strategies to Achieve Efficiencies and Cost Savings

CH Robinson Transportfolio

As we face unprecedented market volatility, it is increasingly challenging to forecast and plan your truckload procurement strategies. Be aware that lane consistency and volatility matter and can influence your procurement strategy. Procure IQ leverages data from C.H.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Techniques such as drop shipping and full case fulfillment and replenishment eliminate several handoffs and touches throughout any Supply Chain. Robots, drones, conveyance and automatic sortation are elements of present day and future supply chains that will continue to evolve. Additionally the ability of computers to learn and analyze will allow for the creation of information analyzed and presented to those in need. Subscribe Here! Email Address.

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

NC State SCRC

For instance, IBM and WalMart are partnering to begin tracking The blockchain — the buzzy, bewildering technology behind cryptocurrencies like Bitcoin — is starting to be applied to real-world problems like tracking pork chops, shipping containers and footwear with a speed and security not currently possible. Pilots with IBM have shown that all these documents can be captured in a blockchain, and could potentially reduce shipping delays due to lack of paperwork.

Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. Peak shipping season has heated up early. A predictable pattern of events follows: shipping volumes spike, space on airlines and vessels becomes harder to secure, and prices go up. The holiday peak season is one of the busiest shipping periods of the year around the world. Shoulder season; shipping ramps up. Peak shipping season. Shipping volumes start increasing.

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A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. The company’s array of WMS software presents a particular challenge. customs, shipping lines and a lead logistics provider. “We’ll

5 Ways to Prepare Your Supply Chain for an Efficient Holiday Rush

OneSCM

Call a staff meeting and be transparent, presenting snapshots of what is forecasted the next quarter. A prudent way to cut down on shipping costs is to consider Less Than Truckload (LTL) shipping versus Full Truckload. Whereas not every organization has big box store budgets for automation, greater efficiency can still be achieved by looking at workflows, procurement, inventory, and storage. Ready or not, the holidays are coming.

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.

What Exactly is Blockchain? And How Does it Work? (Infographic)

Supply Chain Game Changer

The analogy I like best in describing how a Blockchain works involves either a Spreadsheet, a Contract, a Word document or a Powerpoint presentation for instance. For instance “the world’s largest container shipment operator, Maersk, in March 2017 announced it is using a blockchain-based ledger to manage and track the paper trail of tens of millions of shipping containers by digitizing the supply chain. Subscribe Here! Email Address.

Who Should Be In The Winner’s Circle?

Supply Chain Shaman

I struggled to manage myself as I settled in elbow-to-elbow with the group to listen to the presentation. During the presentation, I squirmed uncomfortably in my seat. The AMR Research Top 25 was a rocket ship taking off the launch pad.

Get Rid of Your Excels for Managing Shipments with Shipsy

Shipsy

Automate Data Flow From Shipping Lines All the various fields in the excel can be maintained on Shipsy. Around 30% of these fields are related to Shipping Line events. The best part is that all the data will be permanently present and you will have it handy for any audit related activities. . Digitize your shipment operations and save upto 35% man hours in maintaining your shipping data through our integrations with 40+ shipping lines.

The Financial Dimension of Supply Chain Visibility [Episode Highlights]

Talking Logistics

Financial data and visibility into the costs associated with shipping are critical to improving corporate financial performance. Total cost management is just one part of supply chain visibility, but a very important part based on the financial impact that shipping has on the organization. This is where financial visibility – especially from an accounting or procurement perspective – plays into the organization.

Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Customs filing is already integrated with 90% of the countries you are shipping to. Finally, in the distant future, there are more potential game-changers, from more vertically integrated supply chains (think Amazon delivery network taking your order and delivering your package themselves, no UPS or FedEx necessary) to automated delivery vehicles (think Google cars) rolling up to your door and allow you to enter your PIN number and have your package automatically presented to you 3.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. In my research, I find that the companies with the most progressive procurement processes also have the most advanced customer supply chain process evolution.)Without Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk.

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

Talking Logistics

For my keynote presentation, I was asked to give the carriers in the audience a perspective of how emerging trends and technologies will impact shippers in the years ahead, which will ultimately impact them too. I answered that question by focusing on three trends in the spotlight today — 3D printing, driverless trucks, and drones — and how they might impact WHAT is shipped, WHERE it’s shipped to and from, and HOW it’s shipped.

The History of Supply Chain Management! (Infographic)

Supply Chain Game Changer

Over the last 100 plus years of the history of supply chain management has evolved from an initial focus on improving relatively simple, but very labor-intensive processes to the present day engineering and managing of extraordinarily complex global networks. In the mid 1950s, this concept was extended to transportation management with the development of intermodal containers together with ships, trains, and trucks to handle these containers. Subscribe Here! Email Address.

Avoiding the bullwhip: Navigating volatile demand in a post-COVID world

Proxima

Another option is nearshoring – a solution that offers the cost benefits of offshoring but reduces shipping costs and lead times. Two ever-present buzzwords of modern supply chains, and for good reason.

8 Things to Not Miss at ProMat 2019

Veridian Solutions

Four Keynote Presentations at ProMat 2019. The first keynote presentation for this year is presented by Karim R. The final keynote will be Wednesday at 1:00 PM, presented by Marcus Lemon is of CNBC’s “The Profit.” C-Level executives, manufacturing managers, IT directors, third-party logistics professionals, and procurement professionals make up a fraction of the people that you will meet at the event.

Top Talking Logistics Posts & Episodes (Q2 2018)

Talking Logistics

5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Truck Capacity Shortage: The Past, Present and Future. Supply Chain Visibility: Past, Present, and Future. Transportation Procurement: Still Standing on the Sidelines? Well, I’m off through the end of next week on a much-needed vacation.

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Other industries that don’t ship physical goods (for example Financial Services or Insurance) have adopted sophisticated Strategic Sourcing methodology for their Procurement.

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

Talking Logistics

This reality was underscored for me at the recent CLX Logistics Annual Customer Conference , where I delivered a keynote presentation on “Important Skills and Attributes Tomorrow’s Transportation Leaders Must Have” (a topic for a future post). The acquisition effectively expands the solution footprint available to customers, especially in the areas of parcel shipping and global trade management. The answers to “What is a third-party logistics provider?”

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

Cerasis

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. This data must be not only present, but also running in harmony over all systems. There are many ways available to ship goods from one place to another, but with foresight, the cost of shipping can be balanced through different practices and compared against relative shipping times.

What Makes a Superior TMS Solution Product Demo?

Supply Chain Collaborator

So many demos fail because presenters focus strictly on their product and fail to listen to the voice of the customer” said Manny Martinez, a member of the demo delivery team. “We When we demonstrate the value TMS delivers beyond transportation and across the larger supply chain – fulfillment, shipping & receiving, procurement – we find much higher levels of engagement among demo attendees” says Carretta. __.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

While companies “talk” about collaboration with suppliers, in reality, the procurement organization is doing the opposite due to financial re-engineering placing more responsibility on the role of banks to fund working capital in the value chain. Recently, I presented at the University of Tennessee Supply Chain Forum. The presentation before me was by a supply chain leader of Mondelez.