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Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. So I went straight to the source and asked consultants, trade reporters, Wall Street Journal reporters and others, what their go-to logistics and supply chain sources were. is one of the industry’s most respected logistics sources. Shipping Gazette Daily News. Since 1974 with industry-leading expertise in, well, American shipping. World Civil Aviation Resource Net.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Freight sourcing team article and permission to publish here provided by Katharine Barrios at xeneta.com. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements. These are the must-haves for any effective freight sourcing team. Freight Shipping Intelligence.

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Outsourcing Sourcing! 5 Lessons from Around the Globe!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Doing business with suppliers located overseas or in another country can be an overwhelming and daunting task even for expert Sourcing professionals. But beyond that he had no idea on where to start to source his product. Large companies can afford to have Strategic Sourcing Procurement staff around the world. This contract needs to be between you and your Sourcing agent and with your suppliers.

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. Let’s compare the strengths and weaknesses of both international and domestic sourcing options. International Sourcing. Reaping the benefits of international sourcing.

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Sourcing of alternate suppliers 57% Managing supplier risk (e.g.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory. The practice, known as drop shipping, lets retailers offer more products for sale on their websites—such as multiple colors of the same sweater—without having to keep those items in stock.

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Inevitably, the procurement process is complex and challenging to manage. ANCA builds their machines in Australia but these precision components are sourced from around the world. Machines can’t be built and shipped without having the right parts in inventory , but at the same time, keeping parts on the shelf consumes space and cash. Procurement System Improvement Goals. Streamlined Component Procurement. ANCA builds CNC tool grinding machines.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The Insight Hub doesn’t just give us an opportunity, for the first time, to house all this industry leading content in one place, it also gives us the scope, resources and platform to create, commission and curate a far broader collection of business-critical intelligence than ever before. In addition, you can’t really understand the full picture of supply chain risk without listening to a webinar we ran entitled: COVID-19: Implications on Inventory Planning, Sourcing and Procurement.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. When quick shipping is a must, having the ability to respond to a high volume of orders from many locations requires a denser infrastructure than most retailers have. Good third party providers have the resources to set up flexible supply chain solutions that dynamically adjust to consumer demand.

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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. May be levied for revenue generation or resource protection…or both. 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.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

Robinson, dedicate their entire work to analyzing the opportunities and gaps in ordering, shipping, transportation, and receiving for companies large and small. When quick shipping is a must, having the ability to respond to a high volume of orders from many locations requires a denser infrastructure than most retailers have. Good third party providers have the resources to set up flexible supply chain solutions that dynamically adjust to consumer demand.

DC 34

Imbalanced Investments: Transportation Spending vs. Procurement Technology (Part 1)

Supply Chain Network

Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks. Here’s the cliff-note version of the results; the full report is worth a thorough read : Transportation planning is sorely inefficient: According to the survey, only 25 percent of buyers are using a completely systems-based approach for procurement. Freight & Transportation Information Technology PaulMartyn Procurement

Procurement Technology: An Update from Spend Matters in Baltimore

NC State SCRC

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. Next up was Dan Carrell, Vice President of Global Procurement at IBM. 22,000 sourcing events. $50

6 Things We've Learned from McDonald's Procurement Management

AFFLINK

In the foodservice industry, there are few better examples of great procurement management than McDonald's. Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries. Today's food industry supply chain operators would do well to learn from the excellent procurement management example that McDonald's has set.

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It’s Time to Welcome The Supply Chain CEO!

Supply Chain Game Changer

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage. Whereas different Supply Chain functions used to be siloed (planning, operations, procurement, etc.), Subscribe Here! Email Address.

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.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

This added area of focus can leave many operators feeling strapped for time and resources. Today, many in the restaurant industry take advantage of outsourcing to lower resource costs, increase efficiency, and gain greater expertise.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Borders were closed, air travel curtailed if not suspended outright, cruise ships were quarantined, tourism plummeted, restaurants and theatres were closed, and entertainment and sporting events and leagues were cancelled. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Global TMS: An Always-Evolving Roadmap

Talking Logistics

This complexity is certainly evident in global logistics and ocean shipping, where shippers encounter many barriers to enabling a streamlined process, including: Inefficient Processes : A lot of shippers resort to manual processes to procure capacity and communicate shipment details with the many parties involved in ocean movements. This not only saves money and internal resources, but also reduces the opportunity for human error.

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COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Until the Coronavirus began wreaking its havoc, global companies could run their supply chains on the assumption that disruptions would be rare and short-lived, and that products should be sourced, produced, and distributed at the cheapest locations to be found, wherever in the world that may be. The pandemic, however, has exposed the risk, like never before, of concentrating sources in one location—especially when it’s far away from a company’s headquarters and markets.

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A Journey to the Cloud Enables the Push to a Digital Supply Chain

Supply Chain Brain

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). customs, shipping lines and a lead logistics provider. “We’ll All Technology Big Data/IOT Cloud SaaS & On-Demand Systems ERP & Enterprise Systems SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain Visibility Home Page Latest News Home Page Slider Editors' Blo

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Shippers need to re-evaluate ocean route use and determine which carriers can increase shipping in anticipation of tropical storms. Source raw materials from reclamation centers where possible. This may include the devotion of resources to maintain operability, use of cloud-based tools and more.

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Table Source: [link]. ” Source: [link]. Check out ReFed’s Roadmap to Reduce Food Waste: Video Source: [link]. Subscribe Here! Email Address. Check out The Baby Supply Chain!

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5 Ways Temperature Controlled Shippers Can Boost Supply Chain Efficiency

CH Robinson Transportfolio

The increased need for adaptability and agility sums up what nearly everyone is feeling these days—this is particularly true for companies shipping temperature sensitive freight when timing is critical.

5 Tips to Cut Hotel Supply Chain Costs

AFFLINK

Take a look at the items that you're purchasing regularly in order to fine-tune and optimize your orders and shipping. A few years ago, there may not have been any local resources for your products. Finding local vendors for your products can save you a lot of money, as you don't need to pay shipping fees, transportation costs, and potential duty fees. Sign up for procurement consulting with AFFLINK.

Will Your Supply Chain Sink or Swim in the Digital Age?

OneSCM

Economic instability, an increase in competition and the globalization of sourcing partners have, for the first time in a long time, compelled manufacturers to seriously consider the viability of – or lack of – existing operational technologies and ultimately embrace a slew of new digital technologies that provide direct visibility into every aspect of their supply chain. That means materials sourcing, procurement, production, and shipping lead times are even shorter.

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Today, procurement drives up to 67 percent of sales, explains Johnathan Webb of Forbes magazine, as procurement professionals look for innovative ways to produce effective, superior products. Procurement strategy was not always evident.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

In a nutshell, RPA helps businesses execute core processes faster and with fewer resources. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders.

Visibility: If Only I Could See

Supply Chain Shaman

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). These sources while functional are difficult to connect. Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. ” Focus on the helping other see the relative importance of elements like shipping status, trading relationship (customer or supplier importance) or information on the product.

Avoiding the bullwhip: Navigating volatile demand in a post-COVID world

Proxima

With strategic efforts and complex recovery at a peak in the wake of the pandemic, organizations must explore the potential of releasing valuable resources from labor-intensive demand planning procedures to automated and digitalized systems.

Why is Blockchain the Next Big Thing in Supply Chain Innovation?

AFFLINK

Blockchain is already coming to high-resource fields, such as mining where precious metals and precious gems need to be systematically tracked and sourced. Improve the visibility of sourcing. In the food industry, it can be used to denote where food has been sourced, and by whom. Blockchains can be used to ensure that products are ethically sourced, and that they have been acquired from safe, certified sources.

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. Brian Miller, VP of Services at Intesource, a PROACTIS company Managed services is a sourcing approach less common in the procurement industry today, but poised to grow tremendously over the next couple years. Managed sourcing establishes partnerships between internal procurement teams and third-party providers that allow procurement professionals to become more efficient and effective.

Innovative Approaches to Supply Chain Risk

Kinaxis

This key supplier had been identified and sure enough, you have a second source primed and ready to go. A few hours later, your procurement head walks in the office. “We We have a problem.” The alternate source uses the same supplier in Taiwan. Adding to this challenge is the reluctance of suppliers to share their sources with their customers for competitive reasons.

The Massive Opportunity Waiting for Oil and Gas in Asset Disposition

Requis

12 trillion: the annual procurement spend by the Global 2000 (our estimate based on several sources, see image below). $3 To preserve schedules, procurement typically errs on the side of caution, ordering more than they need.