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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.

Tariffs and Procurement: A perfect match?

Proxima

According to recent Procurement Leaders research , 40% of category managers are anticipating risk associated with tariffs. This makes it imperative for global sourcing strategies to include an analysis of 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. This is where Procurement comes in. The post Tariffs and Procurement: A perfect match?

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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.

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. While knowing where food is sourced, how it’s transported, and other supply chain questions may not feel like it has much to do with efficiency, you might be surprised.

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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

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.

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

The Logistics & Supply Chain Management Society

Although somewhat simplistic, that is not necessarily a bad way to think about FTAs, at least for companies that ship goods across borders. Documentation to be presented.

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.

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

Supply Chain Game Changer

Source: [link]. Source: Wikipedia [link]. Source: [link]. Source: [link]. ” Source: [link]. 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. Source: [link]. And Maersk has now teamed up with IBM on a new blockchain-based electronic shipping platform. ” Source: [link]. Subscribe Here! Email Address.

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.

SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

Source: Dictionary.com. 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 So, why did I ask SanDisk to present?

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

Cerasis

Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Failure to monitor raw material prices can also result in above average costs across multiple sources. This data must be not only present, but also running in harmony over all systems.

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.

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.

6 Common Supply Chain Mistakes and How to Resolve Them

AFFLINK

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Supply chains that rely on a single source are now more likely to experience disruptions. The fundamental challenge in shipping for supply chain managers is the requirement to wait until all parts are present before shipping the product.

Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. Few consultants understand the interrelationships between source, make and deliver. Recently, I presented at the University of Tennessee Supply Chain Forum. The presentation before me was by a supply chain leader of Mondelez.

It’s All About the Logistics

Enterra Insights

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] When it came time to discuss ‘shipping method’, the instructor said always write in ‘Best Way’ He followed up with the remark that ‘no one cares about shipping anyway’ ” Sun Tzu, famous for his temper and demand for strict obedience, probably would have had that instructor punished for stating something so asinine.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

This should tell us if the supplier values those things our organization does and provide some measure of present competency and direction and investment in future competencies. Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To survive the increasing customer demands you need shorter lead times and faster shipping and delivery times. Who should we source and procure from and in what quantity?

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Stock-keepers in the store don’t need to be present when consumers are there. Drop shipping is another great example. If you go to a Costco store for instance you will find that most of their products are placed on the store floor on shipping pallets. Any Distribution Centre should look for opportunities to have goods drop shipped directly between the supplier and the point of consumption and eliminate any duplicate handling and movement. Subscribe Here!

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network.

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24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” Also, globalization presents another hydra-headed challenge for your procurement network. This both reduces the risk of error and improves speed to create a smoother shipping process.

What Changes is the Coronavirus Bringing to eCommerce?

Vinculum

Concurrently, restricting outdoor movement except for supplying and procuring essential goods and services. This rather presents lucrative avenues and business opportunities for the eCommerce owners during the pandemic and beyond. Shipping agencies may encounter the ultimate burnt due to inadequate stocks or inventory. Look out for Alternate Supplier Sources. The COVID-19 pandemic has disrupted and impacted the daily lives of citizens in an unparalleled manner.

Online Grocery Sales Continue to Grow

Enterra Insights

There’s been increased use of mobile phones and smartphones, interfaces for websites and mobile apps have improved, and there’s been a notable expansion of crowd-sourced business models to shopping and delivery.”[1] That’s good news for grocers, who then avoid the cost of shipping.” Digital disruption has affected nearly every economic sector and the food and drink industry is no exception.

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Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

This capability in turn requires older generations of managers, often labeled “subject matter experts” who are willing to serve as key informants to educate these younger folk, and who are willing to transcend typical functional barriers between sales, operations, and procurement, to offer insights into the right solutions to different types of business problems.

2020 Requires Big Wings and Feet

Supply Chain Shaman

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. Examples include first pass yield, schedule adherence, hands-free orders, orders shipped complete, and minimization of waste. Most can only measure functional costs—transportation, manufacturing, and procurement. It has been awhile. After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing.

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. Another major source of risk is the unreliability of global logistics channels, especially the challenges associated with ocean freight lines, which are becoming increasing unreliable. 2013 has certainly been an interesting year!

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. Take, for example, procurement of equipment and supplies in healthcare.

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The Supply Chain’s Vision Problem

Enterra Insights

” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks. Here, a smart approach to procurement will allow companies to improve supplier visibility, put effective measures in place and identify supply chain risks as they appear. Digitalization helps companies obtain the right data from the right sources and ensures that data gets to the right decision-makers.

Modular production requires comprehensive optimization

DELMIA Quintiq

Dr. Kessler was presenting on the conceptual and logistic implications of modular production, currently a hot topic for research and testing in the chemical industry. They incur considerable logistic cost and effort; products for the world’s markets are produced and shipped from only two or three facilities. We are seeing many developments in the chemical industry.

Twitter Insights from GT Nexus Bridges 2015 Conference

Talking Logistics

One area in particular, which both Sean Feeney and Kurt Cavano (Vice Chairman and Chief Strategy Officer at GT Nexus) highlighted in their keynote presentations, is Transportation Management Systems (TMS). On top of this platform, GT Nexus has provided various transportation management applications, such as transportation sourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Ready to Ship Rating, Planning, and Optimization.

The American Revolution and the Supply Chain

Enterra Insights

The Declaration laments, “The present King of Great Britain [King George III] … combined with others to subject [the colonies] to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation.” If left to further its own evolution, they could have served as a source of competition to British Manufacturers. Today in America, we commemorate the signing of the Declaration of Independence in 1776.

Going Beyond Brokerage: How North American Capacity Solutions Can Go to Work for You

Talking Logistics

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates. Don’t view procurement as a tactical, routine annual exercise that must be completed quickly in order to meet your current customer demand at the lowest possible cost.

Welcome to the Supply Chain where the Risks Never Stop Coming

Enterra Insights

Bindiya Vakil ( @BindiyaVakil ), Resilinc CEO, notes, “Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies. 2018 challenged them in new ways, and 2019 is shaping up to present continued uncertainty as long-standing trade relationships are reconfigured.” In professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball.

Who’s Using Blockchain in 2020, and How?

Logistics Bureau

As diamonds, and to a lesser extent, perhaps gold, are resources with origins that can sometimes be controversial, companies like De Beers have seized upon blockchain to provide evidence that their gems come from sources that don’t involve insurgency funding or forced labour.