Remove Procurement Remove Sourcing Remove Supply Chain Remove Transportation

Improving on Strategic Sourcing

Logistics Viewpoints

These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. To get more out of the market, we need to change the approach, as it is no longer enough to simply conduct a “bid” for transportation […].

Freight Procurement in a Pandemic: Preparing for the Bid

CHAINalytics

And, what should you do about those COVID-related swings in your historical … The post Freight Procurement in a Pandemic: Preparing for the Bid appeared first on Chainalytics.

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Does Your Company Have A Solid Transportation Procurement Strategy?

Logistics Viewpoints

Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. There is a need, a growing need to drive better performance and outcomes from sourcing events. Procurement/Sourcing Transportation Transportation Management Systems transportation sourcing

Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. 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. And, what are some of the key factors retailers need to consider when developing their transportation plans?

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

Cerasis

In order to avoid incidents of mismatch between supply and demand, establish more efficient manufacturing and lower costs, it is necessary to establish an environment of consistent supply chain visibility. Everything from sourcing raw materials, manufacturing, to the sales channels which feed supply for a finished product are essential factors. One of the often missing links, however, in supply chain visibility, is transportation management.

Is Single Sourcing, or Sole Sourcing, Dead?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The Coronavirus Pandemic has quickly and severely disrupted Supply Chains of every kind around the world. Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. Additionally dramatically higher demand for household supplies (eg. Subscribe Here!

Spend Matters Awards Chainalytics For Transportation Procurement Innovation

CHAINalytics

Atlanta, GA (April 22, 2019) — Chainalytics, a recognized global leader in supply chain consulting, analytics, and market intelligence, is excited to be named a 2019 Provider to Watch by Spend Matters. “We’re Our inclusion in this year’s list is another testament to the … The post Spend Matters Awards Chainalytics For Transportation Procurement Innovation appeared first on Chainalytics.

Will Blockchain Technology Revolutionize Supply Chain Applications?

Logistics Viewpoints

Building unbreachable supply chain applications is virtually impossible. Logistics Technologies Mobile Technologies Procurement/Sourcing RFID & AIDC Supply Chain Visibility Track and Trace Transportation Management Systems Bitcoin blockchain IBM tenderingSo it was with great interest that I listened to how blockchain technology could be used to create robust tendering and visibility that can be wholly trusted.

Top 6 Predictions for Supply Chain Planning in 2021 and Beyond

ToolsGroup

Over the year, COVID-19 introduced even greater complexity into the already difficult work of supply chain planning–and changed supply chain from a practitioner-focused topic to everyday dinner table conversation. Digital supply chain transformation will accelerate.

Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” First, great supply chains are agile.

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. Seven Predictions for Supply Chain 2030.

Make Freight Sourcing More Efficient!

Supply Chain Game Changer

Subscribe to 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. Subscribe Here! Email Address.

How COVID-19 Has Affected U.S. Trucking Rates—Will it Last?

CHAINalytics

But what about freight transportation rates? Blog Feature Supply Chain Consulting Transportation COVID-19 covid19 Freight Market intelligence Freight Rates Transportation Procurement transportation sourcing truckload freight Truckload procurement

Global 101

Chainalytics Delivers Award-Winning Global Logistics Procurement Program

CHAINalytics

Atlanta, GA (June 25, 2019) — Supply & Demand Chain Executive, the executive’s user manual for successful supply and demand chain transformation, has included a global logistics procurement program created and implemented by Chainalytics in the 2019 SCDE 100, an annual list of great supply chain projects.

The Digital Supply Chain: How Are Supply Chain Managers Responding?

Cerasis

How do you define the digital supply chain? Most supply chains have been involved in digital processes for years. Even computerized picking systems rely on the digital supply chain, but the digital supply chain relies on the actions of supply chain managers for continued growth. Managers Automate Processes to Respond to the Digital Supply Chain. Another aspect of response to the digital supply is training.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

Cerasis

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. Additionally, the push toward creating a self-sufficient AI is growing stronger among supply chain professionals.

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Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Load Planner: The holder of this post oversees the loading of customer’s orders into trucks and also plans transport routes. Sourcing.

Creating a Sourcing and Procurement Process Plan

Arkieva

What are the key elements of a sourcing and procurement process plan? Strategic sourcing is a fact based and systematic approach that organizations use to optimize the management of their supply chain. Creating a sourcing and procurement plan. Three essential steps to creating a sourcing and procurement plan. Strategic sourcing goes beyond negotiating for better prices with suppliers.

Supply Chains By the Numbers

Supply Chain Shaman

When 2015 rolls in, for me, it will mark a decade of quantitative research focused on understanding the evolution of supply chain management. Insights on Supply Chain Organizations. In the early years, there were no supply chain organizations. I like many other gray-haired supply chain professionals reported through a functional organization like manufacturing or transportation. It is my 300th blog post on the Supply Chain Shaman.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

Understanding Your Sourcing Footprint is the Key to Procurement Analytics

Supply Chain View from the Field

Direct conversations through on-site engagement with different lines of business is the most direct and effective means of understanding how sourcing processes are occurring today, as well as understanding how the sourcing need evolves and is expressed to suppliers. Supplier registration processes need to be designed around sourcing engagement processes, which track the supplier life cycle. Procure to Pay Strategic Sourcing Supply chain analytics

7 Ways to Strategically Elevate Freight Procurement

Talking Logistics

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. The embodiment of this transformation is the chief procurement officer, an increasingly common title for executives that strategically source goods and services. As a strategic process, transportation procurement may still seem very tedious and challenging.

Five Things I Have Learned About Global Supply Chain Planning

Supply Chain Shaman

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Success in Supply Chain Planning Is a Flip of a Coin. Supply chain planning success is difficult to achieve. The second issue is treating supply chain planning as a technology project implementation.

Agile Supply Chain VS Efficient Supply Chain

DynaSys

This is true for everyone, and supply chains are no exception. An agile supply chain requires the ability to rapidly identify, evaluate and execute alternative supply chains scenarios. Supply chain experts have traditionally focused on efficiency and consequently pursued the lowest unit cost dream. Agile supply chains exist almost as the antithesis of efficient supply chains. FROM EFFICIENCY TO AGILITY.

Be more Strategic about Your Supply Chain Sourcing

CH Robinson Transportfolio

A strategic approach to sourcing what you need to keep your business moving can help avoid disruptions and stay competitive in today’s competitive market. Interrupted supply chains can mean costly delays and unsatisfied customers. So just how strategic are you when it comes to sourcing transportation capacity? If you answered no to any of these questions, there’s probably room for you to be more strategic when sourcing capacity.

Moving Beyond Madness to Methods in Supply Chain Decision Making

Logistics Viewpoints

We’re here to report that the anchoring effect is alive and well in almost every transportation procurement decision. Guest Commentary Procurement/Sourcing Statistics data-driven market intelligence logistics procurementData models provide insights, but humans make decisions, and those decisions are not always rational.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

Alexander Wheeler, Target’s Senior Director, Food Supply Chain reinforced that garments and footwear are way down on the year. says Harshad Kavinde, Strategy and Supply Chain Leader, Slalom Consulting. Are there any disruptions in the sub tier supply chain and how will that affect me? Kavinde notes that this also means taking a deep dive into your suppliers throughout your entire chain. “On Even the transport network is changing.

Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

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. Key to this opportunity is working with a credible, aligned outsource supply chain provider.

Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Without a doubt, managing supply chain is nothing but easy.

The Lasting Impact of COVID-19 on Relationships Between Shippers and Carriers [Podcast]

CHAINalytics

On this week’s Freightvine, host Chris Caplice speaks with Ron Lazo, Vice President at transportation management software developer Manhattan Associates, on aspects of the COVID-19 era that are likely to stay with us and how they’ll define the “new normal.” Blog Freight Market Intelligence Consortium Supply Chain Intelligence Transportation carrier management carrier relationship management economic recovery ELD transportation management Transportation Procurement transportation sourcing

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As I’ve said before, the ability to exchange timely, accurate, and complete data, documents, and other information with external business partners — and do so in a scalable, flexible, and cost-effective way — is one of the foundations to enabling supply chain visibility, control, and innovation. Overview of Supply Chain Operating Network. Source: RevCascade website. Is drop shipping becoming more important in your supply chain operations?

Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

For the past few years I’ve been using that phrase, which you typically find in investment literature, when making the case for innovation in supply chain management. This rapid growth followed by market decline has led oil and gas companies to finally face reality — i.e., that they need to move up the supply chain maturity curve to enable profitable growth moving forward. One area where significant waste exists is transportation management.

2016 Supply Chain Trends: 7 of 12 Trends that Will Drive Supply Chain Management in 2016

Cerasis

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. Today we will begin our two part series covering the 2016 supply chain trends we expect to see come to fruition in the next year. What 2016 Supply Chain Trends to you expect to see?

Trends 192

Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Over the years, digital disruption has become a norm for all industries, and supply chain businesses are not an exception. The post Infrastructure Planning Guidelines for Supply Chain! Subscribe Here! Email Address.