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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. 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.

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

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

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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.

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.

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

Talking Logistics

One challenge to this approach, however, is that many shippers focus exclusively on price when making their transportation decisions. Customers with a strict ‘procurement mindset’ overlook important factors like consistency, overall experience or past performance. So even as our business has grown, I’ve never had to dial-for-diesel, begging someone to take my load,” says Dave Kodadek, Director of Transportation. Business has been improving for the U.S. trucking industry.

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.

The 4 Key Processes Enabled by a Transport Management System (TMS) in 2015

Cerasis

We continue our series on the “State of the Transportation Management Systems” today with our post on the 4 key processes enabled by the use by shippers of a transport management system or TMS. The popularity of the use of transport management system (TMS) has been growing steadily in the last few years. However, its usage is yet to reach a point where shipping professionals consider it indispensable for their business.

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. The ICAO – a United Nations agency regulating the transport of dangerous goods on aircraft – has enacted a controversial ban on the shipment of lithium-ion batteries as cargo on passenger aircraft.

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

Talking Logistics

and “What is a transportation management system?” 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). Some of them have their own internally-developed transportation management system, while others, like CLX Logistics, have strategic partnerships with software-as-a-service TMS vendors.

Supplier Diversity in Logistics!

Supply Chain Game Changer

A more diverse world has taken shape, and the transportation and supply chain industry is no stranger to this shift. As well as opening the door for more people to be included in the market, this also broadens the network and has more transportation options. Subscribe Here!

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

Talking Logistics

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. 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. How do you plan for the future of transportation?

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Subscribe Here!

Best Practices of Top Performing Truckload and Less than Truckload Shippers

CH Robinson Transportfolio

The transportation industry has faced volatility over the last handful of years, but nothing like the disruptions of recent months. As you may have already experienced, it is not efficient to use dozens, much less hundreds of transportation suppliers.

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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.

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. Transportation Analytics.

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.

Transpacific Air and Ocean Shipping Space Is Already Tight

CH Robinson Transportfolio

Transpacific Air and Ocean Shipping Space Is Already Tight | Transportfolio. If you’ve heard the term “perfect storm” applied more to transportation lately than you have since the book by Sebastian Junger came out in 1997, you’re not alone. 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. Shoulder season; shipping ramps up.

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This Week in Logistics News (September 15-19, 2014)

Talking Logistics

Infor Aligns With MercuryGate To Strengthen Transportation Management. Oracle Introduces New Cloud Solutions for Transportation and Global Trade Management. FedEx to Increase Shipping Rates. Last year at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supply chain and procurement. Are you attending the CSCMP Annual Global Conference next week?

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

Talking Logistics

While these approaches can certainly deliver a significant return on investment (ROI), other strategies that can positively impact their transportation network are often overlooked – for example, thinking more strategically about capacity. 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.

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. Current State of International Transportation Industry – LogiSYM October/November 2020.

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. At the time, it was operating across a platform of approximately 125 enterprise resource planning (ERP) systems, 30 warehouse-management systems (WMS) and a smattering of transportation-management systems (TMS). The company’s array of WMS software presents a particular challenge.

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.

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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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. In the near-term, hosted software and cloud computing are making sophisticated warehouse, transportation and labor management systems accessible to organizations that could never support the significant capital investment required to discretely license the same software. Strategic procurement platforms help organizations analyze their data and make it actionable.

Letter from the CEO: Market Update April 23, 2020

Transplace

Carriers are starting to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). Shipping facilities are requiring all individuals including drivers to wear a face covering such as a scarf, neck gaiter, bandana, or other type of mask, surgical mask or dust mask upon entering. 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.

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. Continuous Pool Optimization – Putting Creativity to Work in Transportation. Supply Chain Visibility: Past, Present, and Future. Transportation Spot Market Inversion. Leverage Technology to Succeed in Today’s Transportation Market. Transportation Procurement: Still Standing on the Sidelines?

Letter from the CEO: Market Update May 21, 2020

Transplace

Carriers are continuing to see that more shipping facilities are requiring the use of Personal Protective Equipment (PPE). 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. Global demand for marine fuel specific to the container shipping sector is down ~ 10% YTD. Overall there is sufficient transport capacity, but there is variation per industry segment.

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.

What Makes a Superior TMS Solution Product Demo?

Supply Chain Collaborator

The Collaborator recently asked members of the UltraShipTMS product demo delivery team about how they’ve driven successful product demos for their Transportation Management System and related logistics software solutions. “So 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 Do you know why everyone hates technology solution product demos?

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! Logistics Managers, Manufacturing Directors and other Supply Chain leaders often rose from the shop floor, from front-line warehousing and transportation positions.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

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. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. What do the Germany World Cup Team and the Boston Red Sox have in common?

How Many Truck Drivers Are There?

Talking Logistics

from researchers Maury Gittleman and Kristen Monaco, is based on their May 2017 presentation at a conference sponsored by the Industry Studies Association…Monaco’s research found that driver counts are inflated because federal occupational classifications include administrative and other jobs at trucking carriers that don’t involve driving trucks. of America [that] said higher shipping costs cut into its adjusted profit by 4 cents a share in the fourth quarter.”.