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In a survey we conducted in October 2020, 91% of our Indago supply chain research community members, who are all supply chain executives from manufacturing, retail, and distribution companies, either Agreed or Strongly Agreed that the time had come to transform the traditional transportationprocurement process.
For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? In current systems where Distribution Requirements Planning (DRP) and Transportation Management (TMS) are different models, alignment is impossible.
Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins. This means involving procurement in the highest levels of strategic planning and decision-making. Moreover, this solution offers substantial value for suppliers.
Now the writing follows the research. I mix the quantitative research with my observations and interviews, and the posts seem to roll from my fingers. If you would like to participate in a current research study, we would love your help and participation in the contract manufacturing study. (If It was a struggle!)
However, according to research by Ernst & Young LLP, the global consulting firm, as the Covid crisis recedes, supply chain executives are losing the strategic gains they made with their C-suite counterparts. EY and ARCs research suggests that at many companies, that opportunity is receding.
Many companies are getting ready for (or perhaps have already completed) their annual transportationprocurement engagement. But has the time come to transform the transportationprocurement process? Read more TransportationProcurement: Finding an Alternative.
Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. In our research, small regional companies outperform large multinationals.
Chris Caplice and Joe Lynch discuss MIT Center for Transportation and Logistics and a wide range of logistics and supply chain topics. Chris is a Senior Research Scientist at MIT and serves as the Executive Director of the MIT Center for Transportation & Logistics (CTL). He received a Ph.D.
It was data-driven and well-researched. The organization remains heavily focused on logistics, driven by the influence of consultants and technologists in the transportation sector. In either case, why aren’t we using transportation data to change and define processes from the outside in? Sadly, it did not happen.
The post Discussing the Lessons Learned in TransportationProcurement Management appeared first on Talking Logistics with Adrian Gonzalez. The post Discussing the Lessons Learned in TransportationProcurement Management appeared first on Talking Logistics with Adrian Gonzalez.
Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. Technology can automate role-based views up and down the river of demand for all roles: marketing, sales, finance, manufacturing, procurement, transportation, and human resources. Watch for the launch.
” When I asked the question, I got an answer from LinkedIn that the research focused on digital maturity with SAP. The research is generated by SAP. Use of order patterns to execute a route guide in Transportation Planning (TMS)–route planning, pooling of less than truckload, and load tender.
Read more The post [Video] Discussing the Lessons Learned in TransportationProcurement Management appeared first on Talking Logistics with Adrian Gonzalez. Read more The post [Video] Discussing the Lessons Learned in TransportationProcurement Management appeared first on Talking Logistics with Adrian Gonzalez.
These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.
Editor's Note: Today's blog comes from our friend Michael Stoddard who shares the top 10 transportation jobs in the industry. If you happen to find yourself searching for careers in logistics, transportation and supply chains, you'll be happy to know that there's no shortage of positions. Operations Research Analysis Manager.
We have all our factories, both in-house and outsourced, all of our distribution centers, and our transportation network on the Blue Yonder foundational system. We can run a plan simulation to maximize revenue, maximize shipments, maximize the customer experience, or minimize transportation costs. Lenovo has a huge research team.
(NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, today announced that e2open has been positioned by Gartner as a Leader for the third consecutive year in the 2025 Magic Quadrant for Transportation Management Systems1. View a complimentary copy of the Magic Quadrant report at e2open.com.
Linkedin Comment Donald Cavin Data Warehousing Consultant at Ohio State University Comprehensive Cancer Center-James Cancer Hospital & Solove Research Institute. In 2004, I joined AMR Research, a Boston Analyst firm. We are making slow progress on transportation visibility, but not supplier visibility. The reason?
Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.
In parallel, I am involved in several research projects. In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. In short, the research tells me that the manufacturing industries are stuck.
Transportation is a complex system, and even minor inefficiencies can have a ripple effect. This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. We’ll delve into each challenge and explore potential solutions: 1.
And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.
When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. Insights on Supply Chain Organizations.
The research highlights key findings from the survey of over 120 senior operations leaders, indicating a shift in priorities from pure cost efficiency to a more balanced strategy emphasizing innovation, riskmanagement, and the integration of technologies like GenAI in supply chains.
According to my research, top-performing supply chains possess three very different qualities. To help the reader, let’s start with definitions used in our research: Efficiency. In Table 1, from our research, I share ten tactics to consider. The design of transportation and supplier networks. What did we find?
As reshoring continues, more supplies will be needed, which has major implications for procurement professionals, as well as increased demand for new talent and more truck drivers. For example, more manufacturers are likely to begin the process of outsourcing services and transportation to 3PLs. Green Manufacturing Will Go Viral.
Supply Chain Improvement is based on the work that we completed with an Arizona State University Operations Research team to determine the Supply Chain Index. Attending the conference was Alexia Howard, Senior Research Analyst – US Foods for Sanford C. We find that this is true of too few companies. Bernstein & Co.,
In research study after study, we see that the greatest challenge to achieving supply chain excellence is the understanding of the supply chain by the leadership team. Functions, when they operate in isolation against functional targets, will not be aligned and supply chain planning can make this worse if there is not clear leadership.
Together, we can offer a complete solution that covers the digital procurement of both spot and contract freight services, across air, ocean, road, and rail. We estimate that tenders account for some 50%-70% of freight procured, at the lower end for air, at the higher end for ocean.
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
An article from The Wall Street Journal mentioned a research by the Hackett Group that showed actual financial benefits in business relationships with diverse suppliers. Researchers from the Hackett Group discovered that these organizations – a majority of which are world-class – often had lower operating costs.
Supply Chain Insights , a research and advisory firm, hosts this weekly podcast that covers a variety of topics, from global thinking to voice of the customer. Each episode features a different special guest, who brings his/her unique opinions regarding topics such as logistics, supply chain, cargo, freight, transportation, and education.
Strategic Sourcing Is Smart Procurement Strategic sourcing is thus a smart approach to procurement because it considers each sourcing project to be unique based on analysis, insight and knowledge of the marketplace. Traditional sourcing focuses on high volumes and bulk buying to secure discounts.
” My response, “Sorry Ryan, the research does not support that increased digitalization brought unprecedented levels of connectivity. The research supports that we have not improved supply chain visibility, and we are going backwards in delivering results through supply chain planning.” I am researcher.
Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc Held and Joe Lynch discuss the Fishtail story. About Marc Held. About Fishtail. Key Takeaways: The Fishtail Story.
At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.
”[1] He added, “More than half of companies surveyed by Ventana Research say they have limited or no ability to understand complex trade-offs across their supply chain.” This reduces fuel consumption, lowers delivery times, and enhances overall transportation efficiency.” ” Manufacturing optimization.
Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. It is now a matter of planning the procurement system and the supply management system outside-in and then look at the true demand to minimize the latency.
My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.
The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. Revenue management is siloed and distinct from demand management, while Transportation Management (TMS) has nothing in common with Distribution Requirements Planning (DRP).
I am wrapping up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2025, and the leading suppliers across a number of categories including industry, region, and customer size. Transportation management systems include 2 types of solutions. A Proven ROI.
ARC’s research shows the SCCN market is over $3 billion in size and is projected to grow at double digit rates for the next five years. Network analytics – A good example of this occurs with public cloud transportation management systems (TMS). How Can the SCCN Market Be Largely Unknown?
The Center for Global Enterprise releases new research suggesting revenue growth at the hand of improved digital supply chains. The research unveils a new approach to enterprise supply chain management – focus on the customer and maximize demand. In this blog, Kristen discusses how revenue growth is tied to digital supply chains.
McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. When it comes to this technology and collaboration, there are several things worth knowing based on ARC’s market research on the supply chain collaboration network market. Networks Have Fistinct Advantages. 20 Things to Know About SCCN.
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