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

Cerasis

Procurement must never be an afterthought in any enterprise. 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. As with many other topics affecting industry trends in the transportation, trucking and manufacturing industries, companies are looking for ways to increase the use of technology in procurement, explains Melissa Deleen of LinkedIn.

Lessons in Transportation Sourcing Optimization Presented by Chainalytics & Coupa

CHAINalytics

The post Lessons in Transportation Sourcing Optimization Presented by Chainalytics & Coupa appeared first on Chainalytics. Blog Transportation coupa Freight Procurement freight sourcing sourcing optimization Transportation Procurement transportation sourcing Truckload procurement

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.

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.

Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby!

3 Requirements for Meaningful & Useful Data in Transportation & Business

Cerasis

As data in transportation becomes more abundant and readily available, the question of “ What data is available ?” Is the data presented as useful to make better business decisions or improve business practices? They should offer controlled and accurate data that is presented in a manner that speaks specifically to your organization’s objectives and initiatives, producing KPIs specific to departments responsible for their consideration.

Data 245

Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. The typical sourcing and procurement process plan involves a series of steps.

Where Do the Savings from Managed Transportation Services Come From?

Talking Logistics

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. A recent ARC Strategies study on managed transportation services found, on average, MTS can save a company between 2 and 10 percent of its transportation spend.

Why Now is the Perfect Time to Benchmark and Bid Your Carrier Rates

Talking Logistics

In today’s highly competitive marketplace, understanding how your company’s procurement strategy and results compare with industry peers is critical. Whether you need to inform management that your performance is superior or has improved, or identify opportunities in the procurement process to drive additional economic value – there is no better time to benchmark and bid your carrier rates than now.

The Legal Implications of Transport Visibility is NOT Good News for Truckers

NC State SCRC

Most have $1M of coverage for the carrier, because even though they did not cause the damage in many cases, they were present. Our prior post discussed the benefits and challenges of visibility in logistics. But WAIT! There’s more to it than just benefits.

Where Are You on the Transportation Maturity Curve?

Supply Chain Nation

Transportation Maturity Curve. The Transportation Maturity Curve. Many statistical measures from the study point to this conclusion: 35% manage transportation on a location by location basis. 18% manage transportation on a divisional basis.

Why don’t you have a TMS (Transportation Management System) Solution yet?

Supply Chain Game Changer

Why have so few companies adopted a Transportation Management System (TMS) solution? We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Subscribe Here!

Time to Squeeze Carriers for Better Rates?

Talking Logistics

The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, dropped 0.4 A few years ago, when the market was similar to today, I wrote about a Fortune 500 company that could have saved millions of dollars in transportation costs by putting its freight out to bid. How should shippers and carriers respond to the ebbs and flows of the transportation market?

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)? Gibson highlighted in her presentation, Carharrt is experiencing rapid growth. Procurement & Contract Management.

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. A Transport Management System brings Needed ROI & Efficiency.

330 Procurement & CSR Leaders Gather at Sustain16, Drive a New Era of Data-Driven Transparency & Collaboration

EcoVadis

What an immense showing of commitment to sustainable procurement we witnessed Tuesday for Sustain16! Over 350 participants and speakers from almost every industry from chemicals to film production to air transportation to FMCG and everything in between.

The Importance of Change Management to a Successful Transportation Management Outsource

CH Robinson Transportfolio

We’re sharing his original post here because transportation management is always a relevant topic. Please share your thoughts and read the blog post, The Importance of Change Management to a Successful Transportation Management Outsource.

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. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Supply Chain involves planning, execution, physical flows of goods, the flow of information, processes, financial management, sourcing, logistics, procurement, manufacturing, distribution, logistics, repair and recycling, business management and much, much more. Subscribe Here! Email Address.

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. Multimodal 2015. Date: 28 – 30 April 2014. Venue: NEC Birmingham.

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.

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

A DHL whitepaper titled Building the Smarter Energy Supply Chain summarizes the situation well (emphasis mine): Much of the present exploration and development of shale gas deposits in the US is not being made by the the traditional oil majors, but rather by new players in the market.

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. How do you plan for the future of transportation?

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

I was joined by one of my former NC State students, Scott Frahm, who sat in on a few of the presentations. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements. Other presentations at the conference included a discussion of compliance in the global supply chain.

Shippers, Prepare to SOAR

BluJay Solutions

Here are some of the topic areas shippers can look forward to at this year’s conference: Voice of the customer – Hear from peers who will present practical ideas using BluJay’s platform across industries and functions. Uncategorized SOAR Transport Management Software

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).

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.

Takeaways from the MercuryGate 2015 User Conference

Logistics Viewpoints

That is what MercuryGate is trying to make their customers, and the presentations I attended all hit on this theme. Learning & Leadership Private Fleet Procurement Transportation Management Systems MercuryGate MercuryGate user conference Mojo TMS

Shippers, Prepare to SOAR

BluJay Solutions

Here are some of the topic areas shippers can look forward to at this year’s conference: Voice of the customer – Hear from peers who will present practical ideas using BluJay’s platform across industries and functions. Uncategorized SOAR Transport Management Software

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. Subscribe Here! Email Address.

Notes from ProcureCon Indirect West at the Wigwam in Phoenix Arizona

Supply Chain View from the Field

I was amazed at the speed and convenience of the technical solutions emerging in the procurement area, based on the discussions I had with the individuals present. I also met with a firm that specializes in negotiating third party contracts with transportation providers, ACSPE. Lots of really interesting presentations as well.

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.

6 Trends to Make Supply Chain Managers the Heroes of Their Company!

Supply Chain Game Changer

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Subscribe Here! Email Address.

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.

Insights from MercuryGate User Conference 2014

Talking Logistics

What do you get when you bring together shippers, logistics service providers, and a transportation management system (TMS) vendor in New Orleans? How can a transportation management system (TMS) help companies find and secure truckload capacity in a capacity-constrained environment? That was the central question Hope Federer, Senior Solutions Consultant at MercuryGate, addressed in her kick-off presentation. Brad Young, VP Network Solutions and Services, Mode Transportation.