ModusLink Corporation

NOVEMBER 18, 2021

Nowadays, a lot of different factors are increasing the urgency for emerging economies to become sustainable. Furthermore, the notion of Sustainable Supply Chain Management is often linked with social responsibility or environmental management (Ali Esfahbodi, 2016). A great example would be today’s prominence of climate change.

Waste Reduction 78

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GlobalTranz

FEBRUARY 27, 2018

Procurement must never be an afterthought in any enterprise. Supply chain professionals must also know how they will be shipping freight. The answers to these questions lie in understanding a few of the top industrial procurement trends to expect in 2018. Companies Will Seek New Ways to Use Technology in Procurement.

Manufacturing Procurement 166

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 166

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Procurement Academy

JANUARY 5, 2023

Stress was a state of mind for supply chain and procurement professionals during the pandemic. An astounding 98% of the 200 senior supply chain and procurement professionals who took part in our recent study identified significant issues facing their function. A whole lot more stress, apparently. Train to retain.

Buyer Training 52

Buyer Training Procurement Supply Chain Supply and Demand 52

HICX Solutions

JUNE 24, 2022

Prominent members of the procurement community discuss why we should care about the supplier’s experience, at last week’s World Procurement Congress. Four inspiring procurement and supply chain leaders advocated supplier-centricity, at Procurement Leaders’ World Procurement Congress 2022, which took place in London last week.

Procurement 52

Procurement Eliminating Excel in Purchasing Purchasing Skills Price Reduction 52

Resilinc

AUGUST 3, 2021

Environmental, social, and governance (ESG), corporate social responsibility (CSR), and sustainability are becoming increasingly significant issues for supply chain management. These concepts can be hard to define and measure, and even harder to integrate into procurement.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. We are committed to preparing the supply chains of the future.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

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. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

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Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Manufacturing Procurement 105

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MIT Supply Chain

FEBRUARY 3, 2022

by David Correll and Ken Cottrill A concept called “just transition” is cropping up in sustainability circles, and if it gains ground, it could become part of corporate pledges akin to those that commit companies to net-zero operations by a certain year. Such an outcome has significant implications for supply chain sustainability.

Sustainability 52

Sustainability Supply Chain Software Supply Chain Purchasing Skills 52

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Green Corridor: The Circular Journey 3 conversations Needed for Asset Management in a Sustainable World by Timothy Foote, Founder of Susymbio Things degrade and deteriorate over time. The energy generating and saving equipment alone was able to propel the ship over the ocean in many different conditions.

Optimal Sourcing 162

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EcoVadis

OCTOBER 12, 2016

Anti-competitive practices remain a peripheral CSR issue for most companies , particularly in the context of sustainable procurement. Moving beyond compliance: Sustainable Procurement. Indeed, suppliers involved in cartel activity should be viewed with skepticism in any partnership or procurement negotiation.

Negotiate Pricing 40

Negotiate Pricing Sustainability Procurement Negotiating Skills 40

QAD

MAY 23, 2023

Product Sustainability Begins in the Field and Factory Sustainability has become a priority for businesses of all shapes and sizes and across every industry. One recent study found 78% of Americans value a sustainable lifestyle, while another discovered 66% are willing to pay more for products that fit the bill.

Procurement Solutions 94

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Logistics Viewpoints

JULY 22, 2021

As shown in the map, the company has 4 distribution centers wherein each location is shipping to several places across the US (for the sake of simplicity we are not showing the manufacturing and sourcing locations here). Rapidly changing regulatory environment provides the impetus to accelerate sustainability initiatives.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

Locus

JUNE 3, 2022

These are challenges that will only become more threatening if they are not curbed, paying strict attention to supply chain sustainability. The latter was so severe that cargo ships had to run at half their usual capacity. Sustainability in the supply chain, while tricky to practice, is possible. Download Now!

Negotiating Skills 52

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SupplyShift

JUNE 4, 2021

However, as environmental scientists, NGOs and the United Nations continue to deliver warnings regarding the degradation of the planet, companies are starting to come together under the banner of sustainability. Shared information and action can help us step into an era where sustainable business is synonymous with business as usual.

Groups 52

Groups Optimal Sourcing Sustainability Pharmaceutical 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

The Logistics of Logistics

NOVEMBER 8, 2021

To support same-day, next-day shipping, some companies are opening warehouses that are smaller and located closer to population centers. Sustainability. Consumers and shippers are now expecting their logistics partners to offer more sustainable solutions. Labor crisis. Customer experience. Matt Fain LinkedIn. popcapacity.

Warehousing 229

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Logistics Viewpoints

JUNE 1, 2023

On a daily basis, supply chain teams are juggling new sustainability requirements, supply disruptions, sudden changes in consumer demand, and labor shortages. As retailers seek ways to manage returns processing, logistic flow optimization solutions need to guide the decisions around shipping options and points of consolidation and processing.

Supply Chain Planning Software 192

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Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022? Big Picture Thinking.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

SYSPRO Smarter ERP

OCTOBER 9, 2023

Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. Quality has to be controlled in three areas: as materials arrive, as products are created on the shop floor, and before the final product is shipped to a customer.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

Proxima

DECEMBER 14, 2023

This has meant that procurement functions remain in the foreground, but how they measure their success in the market is drastically shifting. Price was often the primary lever and measure of success and the determinant of the value procurement brought to the business. The only predictable thing in 2023 has been unpredictability.

Cost Reduction Strategies 59

Cost Reduction Strategies Material Savings Price Reduction Supply and Demand 59

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Manufacturing Procurement Supply Chain 130

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.". As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

SupplyShift

JUNE 4, 2021

However, as environmental scientists, NGOs and the United Nations continue to deliver warnings regarding the degradation of the planet, companies are starting to come together under the banner of sustainability. Shared information and action can help us step into an era where sustainable business is synonymous with business as usual.

Groups 40

Groups Optimal Sourcing Sustainability Pharmaceutical 40

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Within Manufacturing Insights, Stephanie conducts supply chain, sustainability, and Industry 4.0

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The problem space has gotten harder, not easier.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Supply Chain View from the Field

APRIL 23, 2013

A lot of people are emphasizing the need to drive sustainable supply chains. “If If we have a more sustainable supply base”, we hear from advocates, “…it will cost less, and we will be better corporate citizens.”. By comparison, they had a much better sustainability program than we did!

Sustainability 68

Sustainability Supply Chain Design Software Supply Chain Design Supply Chain 68

The Logistics & Supply Chain Management Society

MARCH 21, 2023

About the Author Tim Foote runs Susymbio, a boutique consulting firm advising on e-commerce logistics solutions and sustainability program management services. Let’s make sure the reduction of emissions is primary to what work culture we make going forward.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

Logility

OCTOBER 6, 2021

It allows supply chain managers to see critical information that improves decision-making and helps ensure they are meeting the business’s sustainability objectives. Verifiable Sustainability Claims. Consumers want to work with sustainable companies. An effective traceability solution provides supply chain transparency.

Optimal Sourcing 130

Optimal Sourcing Network Optimization Vendor Strategies Supply Chain Optimization 130

GlobalTranz

JUNE 23, 2021

the past 13 months of sustained rising freight demand and widespread shortage of labor up-and-down supply chains has brought the LTL trucking sector, and the shippers that depend on it to move palletized shipments, to a turning point.”. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? Learn More.

Prescriptive Analytics Software 308

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ivalua

MAY 6, 2020

How an agile Supply Chain drives a sustainable competitive advantage. As companies reassess their supply chains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. A great example of how sustainability can be improved in parallel to cost reduction.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Optimal Sourcing Manufacturing Procurement Procurement 37