The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

ivalua

SEPTEMBER 25, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Buyer Training 188

Buyer Training Optimal Sourcing Procurement Analytics Software 188

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

ivalua

MAY 6, 2021

The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

HICX Solutions

MARCH 20, 2021

For this research report, Raconteur, partnering with HICX, focused on speaking to senior procurement professionals at leading multinational companies. With their revenues in the multi billions and their suppliers in the hundreds of thousands, they were, from our perspective, the best people to talk to.

Procurement 97

Procurement Data Data Management Quality 97

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

GlobalTranz

JANUARY 16, 2018

Supply chain executives need to take a few moments to learn more about the top 2018 manufacturing trends that will make it possible. Check Out the Top 2018 Manufacturing Trends. Reshoring is expected to be a major driving force and one of the most important of the 2018 manufacturing trends. The concept of reshoring is simple.

Manufacturing Procurement 215

Manufacturing Procurement Price Reduction Manufacturing Waste Reduction 215

GlobalTranz

JANUARY 10, 2017

Understanding how different factors affect the supply chain remains a top priority for research firms around the globe. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

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SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

ModusLink Corporation

DECEMBER 13, 2022

However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed. Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better. <[link].

Agile and Lean Supply Chain 78

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Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Talking Logistics

APRIL 8, 2015

Is there a greater need for supply chain research today than in the past, and if so, why? That was my opening question to Steve Raetz, Director of Research and Market Intelligence at C.H. Robinson , in a recent episode of Talking Logistics titled, “ When Shippers, 3PLS, and Universities Collaborate on Supply Chain Research.”

Research 100

Research Iowa Supply Chain Software Supply Chain Optimization 100

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Optimal Sourcing 154

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OptiProERP

DECEMBER 18, 2023

Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. In this blog, we will see how purchasing and procurement differ. From invoicing, making payments, and managing suppliers, procurement saves time while building positive supplier relationships. Steps in the Purchase Process 1.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

Enterra Insights

FEBRUARY 8, 2021

” Below are some of the retail trends identified by the National Retail Federation and other subject matter experts that could impact the sector this coming year. Retail trends in 2021. ” Erdly calls this trend “conscious consumerism.” Even more stress on omnichannel operations.

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Freightos

SEPTEMBER 14, 2022

With the flipflops being pushed to the back of the closet, email auto-responders being reluctantly turned off and thoughts about procurement, market intelligence for 2023 tenders and Golden Week emerging, now is an ideal time for supply chain professionals to catch up on what they missed. Changing Trends in BCO Air Cargo Procurement.

Logistics 156

Logistics Cargo Comparison Freight 156

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. The research process includes an analysis of large amounts of information and interviews with executives from numerous warehouse automation providers; and concludes with the publication of ARC’s research study.

Supply Chain Software 257

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 257

Procurement Academy

OCTOBER 26, 2022

LONDON, 26th October 2022: More than half (53%) of senior procurement professionals say that retention in their function has decreased in the last three years – and 47% admit this is a problem, according to a report released today by high-impact digital training provider, Skill Dynamics.

Buyer Training 52

Buyer Training Procurement Price Mitigation Strategies Price Reduction 52

HICX Solutions

SEPTEMBER 9, 2021

His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation. Within this scope, Dave discussed with us trends in blockchain , big data, AI, drones, machine learning, and 3D printing. Dave is continuously engaged in research. Procurement analytics, 3D printing and beyond.

Analytics Software 94

Analytics Software Optimal Sourcing Analytics Procurement 94

GlobalTranz

FEBRUARY 6, 2017

Aside from the new administration, Amazon’s supply chain continued push deeper into new and existing markets will define additional trends in the supply chain throughout the coming year. Fortunately, these five trends may alleviate some of the strains of competition by giving supply chain partners an advantage in the global market.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

JANUARY 4, 2016

As we head into a new year it is a good time to take a look at the coming year and see what it may hold in the way of trends. We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. Do you have the right people in place?

Supply Chain Design Software 120

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Supply Chain Shaman

SEPTEMBER 27, 2021

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 remain committed to open content research and firmly believe that content should never be behind a paywall.

Supply Chain Planning Software 324

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 324

Supply Chain Shaman

NOVEMBER 27, 2016

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At the session, together through education, sharing case studies, and reviewing research, we will explore the opportunities to build a Network of Networks to improve B2B supply chain connectivity. Building the Network of Networks.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. Bob Ferrari Founder and Managing Director © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Freightos

JANUARY 15, 2024

It converged with a trend of both airlines and ocean liners investing far more heavily in their fleets over the past fewyears. Keep reading Weekly Freight Updates January 10, 2024 Update Weekly Freight Updates January 3, 2024 Update Logistics Technology and Research Red Sea and Suez Canal Shipping News & Updates See the full report.

Negotiating Skills 289

Negotiating Skills Optimal Sourcing Price Reduction Vendor Strategies 289

EcoVadis

JULY 24, 2019

The 2019 Sustainable Procurement Barometer is here, with some key insights on the current state of sustainable procurement and trends for how organizations around the globe are tackling sustainability in their supply chains. Here are the top trends revealed this year: . Overall, sustainability awareness is growing.

Study 40

Study Sustainability Procurement Trends 40

Unleashed

APRIL 5, 2021

Procurement and purchasing are often used interchangeably to describe the role of procurement. What is procurement? Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes. What are the steps in the procurement process? Choose the best supplier.

Procurement Solutions 66

Procurement Solutions Pricing Training Purchasing Training Purchasing Skills 66

Freightos

FEBRUARY 28, 2024

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

Los Angeles 156

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Supply Chain Matters

SEPTEMBER 21, 2022

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. Graham’s teams analyze commodity market trends, pricing, capacity and supply/demand models for Jabil ’s multi-industry customers. He has lived and held leadership roles in Europe , Asia and the U.S.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Network Software Agile and Lean Supply Chain Supply Chain Strategy 109

The Logistics of Logistics

NOVEMBER 5, 2021

VP, ARC Advisory Group and Columnist, Forbes With in-depth research experience in logistics, transportation management, and managed transportation services, Steve’s writing and analysis are go-to resources for logistics and transportation professionals. Podcast, which focuses on trends and innovations in supply chain and logistics.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? The research encompasses organizations across industries and sectors, with focus on North America and EMEA. You can take a quick view of the webinar here or read this summary of those issues and Sawchuck’s take on the research findings: [link].

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 130