Remove Procurement Remove Resources Remove Shipping Remove Supply Chain

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. This does not mean shipping a product immediately.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Experts Choice Of Top Online Logistics Resources

Freightos

The Experts’ Choice of the Top Online Logistics Resources. If you’re like me, staying up to date on supply chain news is critical. 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. Experts’ Choice: Supply Chain and Logistics Email Newsletters. Today’s Top Supply Chain and Logistics News From WSJ.

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. Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers.

There Are Not Enough Women Supply Chain Leaders!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Seasoned Leadership in Action™ – An Interview with Kristie Syndikus, VP Procurement at Maple Leaf Foods! Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

Cerasis

Supply chain technology is a difficult, exhilarating topic to cover in detail. The supply chain technology stack comprises hundreds, if not thousands, of individual technologies, and considering the growth of the Internet of things (IoT), there really is no limit to how much these transformative supply chain technologies may expand within the next 12 months. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

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

OneSCM

recently noted a new trend towards supply chain “protectionism,” presumably due to the extraordinary combination of external forces proving capable of disrupting once-optimized processes and, therefore, destroying once-healthy profit margins. But just like every living thing needs air and water to survive, every manufacturer – and every one of their supply chain partners – needs a single source of data truth to survive the massive wave of change that’s hitting from all directions.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Coronavirus Exposes Global Supply Chain Fragility! Every aspect of our lives has been disrupted: our health, freedom of movement, employment, the economy, our ability to buy goods, and virtually every Supply Chain. Apart from the panic buying are there Supply Chain lessons that we should learn from the Coronavirus pandemic to improve the robustness of Supply Chains in the future?

Iran 72

What Is the Impact of Big Data in the Transportation & Supply Chain Industries?

Cerasis

Before thinking about future possibilities, you need to understand how it is currently being leveraged, According to Katrin Zeiler , supply chain entities will be able to lower overall operating costs, create and test newer business models, develop and maintain a higher standard in customer service and attain unsurpassed efficiency. Better Shipping Options. . Previously, shippers and supply chain entities were forced to rely on historic data to create these predictions.

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

EFT

The acquisition combines Reuters’ globally trusted news brand, scale and editorial excellence with eft’s deep expertise in highly specialized events and content production for key decision makers right across the supply chain industry. What role does eft play in the supply chain market and what business intelligence does it provide? In short, eft provides business insights and analysis to the whole supply chain industry.

Supply Chain Quality: A Driver for Digital Transformation

Talking Logistics

Commercialization strategies evolve, supply chains expand, and production rates accelerate. The cost of poor quality is so closely related to supplier quality and compliance that manufacturers must give the proper attention and resources to the optimization of their upstream partnerships. Finished products have high ratios (average 50%) of sourced or procured product content. The only way to take control of your future is to double down on quality.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Think about the typical set of objectives and metrics associated with managing a Supply Chain. Now consider what a Supply Chain entails. Subscribe Here! Email Address.

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.

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. Check out Is Your Supply Chain A Cost Centre or a Value Creator? Anyone who’s been paying attention knows that Supply Chain Management has emerged from its status a back-office function to become a major strategic differentiator for business. It comes from Supply Chain Management Review, a leading publication specializing in the field. Subscribe Here!

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

Cerasis

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. While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Top 5 Trends to Know to Compete with Amazon’s Supply Chain. Supply Chain

Trends 208

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

Cerasis

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

Over the course of the last two years, we at Supply Chain Insight s have worked on a methodology to gauge supply chain improvement. We named it the Supply Chain Index. We have found that supply chain metrics are gnarly and complicated.During During the last two months, we have been interviewing supply chain leaders to get their views on the methodology. Background on the Supply Chain Index.

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. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. How do you optimize your supply chains to be efficient and responsive when you lack unified visibility to them? You don’t have to be a retail supply chain expert. It begins by recognizing that you do not have to be a logistics authority to optimize your supply chain. .

DC 34

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment. Supply Chain Next · 013 – Brian Aoaeh, CFA. It was during that process that I honed in on supply chain. Let’s talk about why supply chain, and why now.

4 Ways Supply Chain Management Has a Higher Purpose

Kinaxis

by Dr. Madhav Durbha The Higher Purpose of Supply Chain Management. But what about supply chain management professionals like me? Here are few examples of how supply chain management professionals make a difference in the world: We deliver products that save lives: Some of the organizations my company partners with to solve their supply chain problems manufacture lifesaving drugs for rare diseases.

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. View our recent webinar and learn how Italian pharmaceutical company Angelini navigated through supply chain disruption.

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

The Logistics & Supply Chain Management Society

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. How do you optimize your supply chains to be efficient and responsive when you lack unified visibility to them? You don’t have to be a retail supply chain expert. It begins by recognizing that you don’t have to be a logistics authority to optimize your supply chain. .

DC 34

Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. First, numerous transactions between companies, such as orders, invoices, shipping notices, and status updates remain paper-, fax- and phone-based. Supply Chain Operating Networks offer a level of sophistication missing in EDI and typical B2B networks.

Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

One set of orders to a major New York brand was due on February 17, and was shipped and received by the buyer. How could the buyer change the payment terms after I shipped the product, and suddenly cancel all other orders that were already in production in my factory, for which I have already paid materials? Future procurement practices should focus on order stability for proper planning, timely payment of orders, and full respect for workers’ rights.

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. To avoid the retail apocalypse and achieve omnichannel success, shippers need to understand the challenges of e-commerce shipping, how it contributes to omnichannel success and a few tips to succeed in it. According to Stacey Rudolph of Business2Community, e-commerce shipping is complicated with an average return rate of 30 percent.

Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Change is inevitable in modern supply chain management, and risk management is essential to success. Poor grasp of hazards in your supply chain will increase freight spend and diminish brand value. Understanding the top 10 global supply chain risks can work to reduce their impact. As explained by Lucy Dixon of Supply Chain Digital , economic instability represents another threat to global trade. Create a backup data resource.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? As 2020 moves closer, one concept that I’m hearing discussed more and more in discussions and appearing online is that of the circular supply chain. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

Inevitably, the procurement process is complex and challenging to manage. 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. Recognizing the vital importance of procurement to their business, ANCA management set about finding a tool to help. Streamlined Component Procurement. ANCA builds CNC tool grinding machines.

The Data Needed to Transform Supply Chains

Talking Logistics

The Hackett Group provides a useful visual for describing the maturity stages that supply chain is moving through as the industry strives to leverage data and advanced analytics. Supply Chain Analytics Maturity Model (Source: Hackett Group). Supply chain leaders are wanting their organizations to be data-driven. Again and again, the quality of supply chain and logistics data is too low for companies to jump to the next maturity stage.

Data 81

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. Adapt to changing conditions through supply chain efficiency.

Defining the New Normal in Supply Chain! What’s Normal Anyways?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! And what is the new normal in Supply Chain? And the need for regular communication and updates from our Government leaders has caused us to hear our Presidents and Prime Ministers talk about Supply Chain, a phrase which those of us in the field never expected to hear from our political leaders. What’s the New Normal in Supply Chain?

We Need Supply Chain Immunity, not Resiliency: A Position Paper

NC State SCRC

The paper is an attempt to create some logic in the fact of the chaotic healthcare supply chain events currently underway. Resilience is often one of the first things to emerge in any debate on how we arrived at the point we are today in the COVID-19 pandemic, especially as it applies to supply chain management. Supply chain resilience generally means the ability to manage risk and be best positioned to respond and even gain advantage from disruptions (Sheffi, 2007).