Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. Also, is multi-functional engagement important and, how does omni-channel impact transportation sourcing? In addition, Jim says many retailers are facing inventory management challenges in the realm of “ship from store” and “pickup at store” fulfillment models.

Sourcing 185

Sourcing Transportation Strategy Shipping 185

Supply Chain Game Changer

DECEMBER 10, 2020

Product Sourcing Agent article and permission to publish here provided by Joyce Chen at Epic Sourcing. Sourcing agents are an effective way of finding the most suitable supplier. Who is a Product Sourcing Agent? Why Get a Product Sourcing Agent? Subscribe Here!

Sourcing 60

Sourcing Quality Asia eBook 60

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! These Rare Earth Elements have long ago been abandoned for mining and processing here in the United States and are part of our reliance on Chinese sources of supply. sourcing #rareearthelements. Subscribe Here!

Sourcing 79

Sourcing Six Sigma Miami United States 79

Supply Chain Game Changer

OCTOBER 29, 2020

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.

Sourcing 43

Sourcing Benchmarking Freight Cargo 43

Unleashed

DECEMBER 15, 2019

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.

Sourcing 72

Sourcing Bolivia Indonesia Russia 72

EC Sourcing Group

APRIL 27, 2021

5 Benefits of Global Sourcing in Supply Chain Management. When the topic of global sourcing comes up, procurement managers often balk at global sourcing in supply chain management because they worry they will have to sacrifice quality or delivery when using global suppliers.

Sourcing 52

Sourcing Procurement Quality Global 52

Supply Chain Game Changer

NOVEMBER 20, 2018

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.

Sourcing 53

Sourcing Government Resources Metrics 53

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Contemporary business procurement has evolved and is now largely value-driven.

Metrics 61

Metrics Procurement KPI Sourcing 61

The Supply Chain Journal

APRIL 6, 2021

For management, one of the most critical aspects of shipping and inventory management is the concept of procurement in freight. Freight capacity procurement, therefore, focuses on how much load space or capacity is available on a railroad car, truck or van, vessel, or aircraft.

Freight 52

Freight Capacity Procurement Security 52

Bristlecone

JANUARY 11, 2021

Today, despite COVID-19 slowing maritime traffic, piracy is thriving off the coast of West Africa and two of the shipping industry’s key players suffered cyberattacks just ahead of their peak season. How does digital transformation benefit procurement?

Procurement 52

Procurement Africa Benchmarking Supply Chain Risk Management 52

Talking Logistics

FEBRUARY 9, 2017

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.

Shipping 161

Shipping Supply Chain Journal Examples 161

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. Finding Your Own Goals in Procurement. Blog eSourcing Procurement

Procurement 52

Procurement Software Quality Risk Management 52

CH Robinson Transportfolio

JUNE 29, 2020

Over the past several months, China has been the main source for PPE. For a closer look at how China’s regulations impact PPE shipping, check out our recent PPE exporting video featuring our director of product development, Vincent Wong. FCL and LCL expedited ocean shipping.

Shipping 48

Shipping Canada Policies China 48

GlobalTranz

NOVEMBER 28, 2016

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. Procurement

Procurement 217

Procurement Indiana Third Party Logistics 3PL 217

QAD

MARCH 31, 2020

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. Procurement System Improvement Goals. Streamlined Component Procurement.

Procurement 111

Procurement Case Study North America Australia 111

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. What Is Procurement Management?

Logistics 259

Logistics Procurement Third Party Logistics Manufacturing 259

Supply Chain Brain

MARCH 11, 2021

One area that’s especially ripe for transformation is in the sourcing of air-freight shipping, for which demand continues to skyrocket as capacity remains scarce

Sourcing 88

Sourcing Capacity Shipping Procurement 88

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. By Mark Lauterbach.

Procurement 78

Procurement Supply Chain Quality Asia 78

Jaggaer

AUGUST 18, 2020

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.

Pharmaceutical 67

Pharmaceutical Chemicals Company India 67

Claritum

MAY 11, 2018

Claritum Article - Procurement Blog. Does your business source products and services from global markets? If your company is sourcing goods and services internationally you could be reaping many benefits. However, you could also face many challenges when globally sourcing across geopolitical boundaries. Without good visibility, maximising the benefits from global sourcing is impossible, as it is impossible to track exactly how much is being spent.

Sourcing 32

Sourcing Currency Procurement Survey 32

Proxima

NOVEMBER 21, 2019

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. How Procurement fits into the equation.

Procurement 52

Procurement United States Sourcing Government 52

BlueYonder

MAY 14, 2021

Chart Source: Freightwaves). A good logistics procurement solution can help customers navigate through these challenges by balancing contracted capacity versus SPOT/digital freight brokerage.

North America 52

North America Freight Shipping Capacity 52

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality. And as many suppliers are based in the Far East, buyers need to understand local pricing, duties, testing and shipping to ensure they receive the right product to enhance their promotional strategy.

Sourcing 32

Sourcing Apparel Study Procurement 32

CH Robinson Transportfolio

APRIL 30, 2019

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.

DC 34

DC Supply Chain Technology Retail Capacity 34

Requis

OCTOBER 30, 2020

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.

Bangladesh 52

Bangladesh Sourcing China Thailand 52

CH Robinson Transportfolio

APRIL 30, 2019

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.

DC 34

DC Supply Chain Technology Retail Capacity 34

Supply Chain Network

AUGUST 6, 2012

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 81

Procurement Transportation Benchmarking Survey 81

Logistics Bureau

AUGUST 2, 2020

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Why SMEs May Lead a Shift Away from China Sourcing. In other words, manufacturing and sourcing is returning to the US.

Sourcing 81

Sourcing China Vietnam Thailand 81

EcoVadis

APRIL 23, 2016

Today we welcome a guest blog post from procurement practitioner. Alis Hemmingsen, Category Manager at Velux, who also blogs at Responsible Procurement Excellence. Finding, evaluating and selecting suppliers is a process which is key to any procurement professional. Now that sustainability has risen to be one of the most highly visible topics for customers and stakeholders, management teams face the challenge of “How do you incorporate CSR ratings in the sourcing process?”.

Sourcing 40

Sourcing Sustainability Procurement Survey 40

NC State SCRC

MARCH 15, 2016

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

Baltimore 40

Baltimore Guidelines Government Procurement 40

ThroughPut

DECEMBER 3, 2019

You can’t just turn around a giant cargo ship. And when shipping to volatile countries, it becomes even harder. companies with global operations, one of the most effective ways to mitigate risk is to ship smarter. Once cargo has shipped, there are no “backsies.”

Saudi Arabia 52

Saudi Arabia Netherlands Cargo Chemicals 52

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. However, modern technologies are dramatically changing procurement trends and how procurement professionals operate and their role in the company. As a result, procurement seemed to have a technical speed limit.

Procurement 186

Procurement Trends Manufacturing Kentucky 186

Jaggaer

DECEMBER 4, 2018

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.

Third Party Logistics 40

Third Party Logistics Sourcing Capacity Procurement 40

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Factories around the world produce millions of items of clothing and accessories for top European and American brands, which are packaged, shipped and sold in every country worldwide. Digital transformation of procurement in fashion.

Italy 40

Italy Bangladesh Procurement Supplier Management 40

Claritum

AUGUST 15, 2019

Claritum Article - Procurement Blog. Problems with current sourcing methodologies. Sourcing the right way for Promotional goods and services. However, it is important for companies to manage the process of sourcing promotional goods effectively. Plus, the risks to a brand of sourcing from unethical sources is an increasing problem for organisations. Source: PPAI Research. Source: PPAI Research. Contents. Introduction.

South Africa 32

South Africa Sourcing Case Study Africa 32