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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). 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' Blog MORE
In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations. Every part of transportation, storage, and services of inbound, outbound, internal, and external movements from the source to the customer corresponds with values that intersect for the customer and the business. MORE
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement. MORE
A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. In today's modern society, often, the stop gap in efficient productivity in your warehouse is typically one of two things: bad process & getting caught up in the weeds of tactics. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. MORE
And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations. MORE
Change your thinking on retail procurement. Robinson can offer Managed Procurement Services and assess the entire end to end pipeline of your retail model, looking at each element holistically to see how changes in one piece of the process could lead to changes in another. Robinson’s supply chain and procurement solutions, connect with an expert today. MORE
Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear. MORE
In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?” MORE
Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. Source: [link] ). Source: [link] ). Subscribe Here! MORE
Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Automation has eliminated a number of blue-collar supply chain jobs in warehouses and distribution centres, and driverless trucks stand to transform the logistics field, eliminating the need for millions of truck drivers. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. MORE
Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that. MORE
Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. Warehouse Operations MORE
This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand "Hidden Costs" in the Warehouse Cost Reductions Quest. MORE
Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review. MORE
Claritum Article - Procurement Blog. Follow our 5 steps for 2020 procurement dashboard vision. Follow our 5 steps for 2020 procurement dashboard vision. Why build procurement dashboards? With the huge amount of business information available and data visualisation tools to use, dashboards have become essential tools for Procurement. Identifying the key information requirements for your procurement dashboards is critical. MORE
Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability. MORE
You already know that accurate data is vitally important to your procurement team. According to JAGGAER’s 2018 Digital Procurement Report , technologies related to data analysis are the most valued and desired pieces of technology among respondents. One small mistake in examining or presenting data points within your sourcing activity could cost you. Businesses need a strategic approach to managing their sourcing data. Sourcing MORE
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? MORE
Today I will share a fantastic success story from a strategic sourcing consultant who is friend of mine. Agreed to build a small warehouse next to the producer’s facility to streamline the supply chain. The last point demonstrates the benefit of hiring people that understand procurement and what can be negotiated. Most people in procurement dislike change. If you sell a premium product, manufacturing quality issues can kill your image and your bottom line. MORE
Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain. MORE
Finding the sourcing, shipping, and delivery options you want, especially in times of disruption, starts with providers that can support your supply and demand requirements. Supply Chain Smart Solutions Supply Chain Technology inventory management Managed Procurement Services (MPS MORE
Change your thinking on retail procurement. Robinson can offer Managed Procurement Services and assess the entire end to end pipeline of your retail model, looking at each element holistically to see how changes in one piece of the process could lead to changes in another. Robinson’s supply chain and procurement solutions, connect with an expert today. MORE
Robinson experts act as an extension of your team when it comes to contract management, transportation, warehouse services, consolidation, last mile delivery and fresh produce sourcing—allowing you to optimize your entire supply chain holistically. MORE
SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above. MORE
I’ve been setting up a simple S&OP process that involves the expansion, procurement, finance and supply chain departments. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East. I need to reduce lead-time, improve forecasting, sourcing and risk assessment and I need to model all these things into a system. If you’ve not been into a Tiger store yet, it probably won’t be long before you do. MORE
Improvement of Source to Pay processes. - Warehouse management - SOWs, staging lane design, job kitting implementation. As we go into our 2013 fall semester, the SCRC team is pulling together the list of project summaries from our 15 corporate partners. This is indeed a busy time for everyone as we go into full project planning mode… Prior to the beginning of each semester, we work with a SCRC project liaison from each company to identify field-based student projects. MORE
While knowing where food is sourced, how it’s transported, and other supply chain questions may not feel like it has much to do with efficiency, you might be surprised. Adding efficiency to your supply chain is a never-ending journey. There’s always an opportunity to improve. MORE
“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” “I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” Warehouse Operations MORE
Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. Artificial Intelligence & Machine Learning A variety of other technologies, such as robots and advanced warehouse management systems, leverage Artificial Intelligence (AI) and Machine Learning (ML) for data-driven decision-making. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. MORE
A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. Trade wars , tariffs, and demands for the repatriation of manufacturing jobs are central to Supply Chain sourcing activities. MORE
Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new. MORE
Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. It is often built on a strategic platform that provides data visibility and near real-time availability, as well as advanced data warehouses for collection of relevant third party datasets. MORE
5 steps for 2020 procurement dashboard vision. Why build procurement dashboards? Trying to make sense of the information you get from different sources such as excel spreadsheets, ERP systems, accounting software, databases and manual forms. Then you could benefit from building procurement dashboards. With the huge amount of business information available and data visualisation tools to use, dashboards have become essential tools for Procurement. MORE
Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiencyThere’s no need to do the maths; we’ve got the answer for you! MORE
Check out Procurement: The Spend Aggregation Obstacle Course! Aggregating your procurement spend for the purpose of delivering greater value is a sound objective. We discussed these in greater detail in our post Procurement (Part 1!) – The Spend Aggregation Obstacle Course! I have been in the Procurement organization trying to get our arms around spend. This may be the head of Procurement, the CFO, the COO or the CEO. Subscribe Here! Email Address. MORE
Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. There is certainly a lot of work to be done, and this exciting project that we’ve been traveling through will I believe provide some provoking ideas to drive the profession of procurement to new heights. MORE
Gravity Supply Chain
FEBRUARY 14, 2020
Articles Gravity Technology humantouch digital supplychain digitize futureproof flexibility flexible transparency visibility sourcing procurement distribution fulfillment logistics retail manufacturing cost warehouses warehousing carriers lean agile platform data BigData silo silos ecosystem tools speed efficiencyThere’s no need to do the maths; we’ve got the answer for you!
Cerasis
JULY 12, 2016
A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. In today's modern society, often, the stop gap in efficient productivity in your warehouse is typically one of two things: bad process & getting caught up in the weeds of tactics. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.
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Jaggaer
MARCH 23, 2020
And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. And that, of course, includes procurement professionals. So, let’s examine Gartner’s words in more detail, but from the specific perspective of procurement. As is well known, procurement generates massive volumes of data. An obstacle to more rapid progress is the lack of relevant skills in many procurement organizations.
Cerasis
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?
6 River Systems
DECEMBER 13, 2019
Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.
Supply Chain Game Changer
NOVEMBER 15, 2018
Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement.
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Supply Chain View from the Field
MAY 13, 2014
Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. There is certainly a lot of work to be done, and this exciting project that we’ve been traveling through will I believe provide some provoking ideas to drive the profession of procurement to new heights.
NC State SCRC
FEBRUARY 27, 2018
Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. It is often built on a strategic platform that provides data visibility and near real-time availability, as well as advanced data warehouses for collection of relevant third party datasets.
Claritum
JUNE 13, 2019
Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. To my mind, your challenges depend on where you are in transformational change within your organisation, the scope of your function within Procurement and the nature of the organisation’s supply chain.
Slimstock
MARCH 26, 2019
Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability.
Cerasis
FEBRUARY 17, 2016
This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand "Hidden Costs" in the Warehouse Cost Reductions Quest.
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NC State SCRC
JUNE 27, 2017
In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. Many procurement assessments developed by consultants seek to provide an answer to the question “how far along are you relative to your peers in your procurement transformation journey”, and “which processes are lagging compared to your peers?”
CH Robinson Transportfolio
APRIL 18, 2019
Change your thinking on retail procurement. Robinson can offer Managed Procurement Services and assess the entire end to end pipeline of your retail model, looking at each element holistically to see how changes in one piece of the process could lead to changes in another. Robinson’s supply chain and procurement solutions, connect with an expert today.
Jaggaer
NOVEMBER 8, 2018
You already know that accurate data is vitally important to your procurement team. According to JAGGAER’s 2018 Digital Procurement Report , technologies related to data analysis are the most valued and desired pieces of technology among respondents. One small mistake in examining or presenting data points within your sourcing activity could cost you. Businesses need a strategic approach to managing their sourcing data. Sourcing
AFFLINK
MAY 11, 2017
In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations. Every part of transportation, storage, and services of inbound, outbound, internal, and external movements from the source to the customer corresponds with values that intersect for the customer and the business.
Cerasis
FEBRUARY 16, 2016
Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.
CH Robinson Transportfolio
APRIL 18, 2019
Change your thinking on retail procurement. Robinson can offer Managed Procurement Services and assess the entire end to end pipeline of your retail model, looking at each element holistically to see how changes in one piece of the process could lead to changes in another. Robinson’s supply chain and procurement solutions, connect with an expert today.
Claritum
JANUARY 29, 2020
Claritum Article - Procurement Blog. Follow our 5 steps for 2020 procurement dashboard vision. Follow our 5 steps for 2020 procurement dashboard vision. Why build procurement dashboards? With the huge amount of business information available and data visualisation tools to use, dashboards have become essential tools for Procurement. Identifying the key information requirements for your procurement dashboards is critical.
EC Sourcing Group
DECEMBER 17, 2018
Today I will share a fantastic success story from a strategic sourcing consultant who is friend of mine. Agreed to build a small warehouse next to the producer’s facility to streamline the supply chain. The last point demonstrates the benefit of hiring people that understand procurement and what can be negotiated. Most people in procurement dislike change. If you sell a premium product, manufacturing quality issues can kill your image and your bottom line.
CH Robinson Transportfolio
SEPTEMBER 23, 2020
While knowing where food is sourced, how it’s transported, and other supply chain questions may not feel like it has much to do with efficiency, you might be surprised. Adding efficiency to your supply chain is a never-ending journey. There’s always an opportunity to improve.
Supply Chain View from the Field
AUGUST 18, 2013
Improvement of Source to Pay processes. - Warehouse management - SOWs, staging lane design, job kitting implementation. As we go into our 2013 fall semester, the SCRC team is pulling together the list of project summaries from our 15 corporate partners. This is indeed a busy time for everyone as we go into full project planning mode… Prior to the beginning of each semester, we work with a SCRC project liaison from each company to identify field-based student projects.
Supply Chain Movement
OCTOBER 27, 2014
I’ve been setting up a simple S&OP process that involves the expansion, procurement, finance and supply chain departments. I’m directly involved with inbound, outbound and warehousing as well as sourcing, most of which is done in the Far East. I need to reduce lead-time, improve forecasting, sourcing and risk assessment and I need to model all these things into a system. If you’ve not been into a Tiger store yet, it probably won’t be long before you do.
Supply Chain Game Changer
NOVEMBER 13, 2018
Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas. Source: [link] ). Source: [link] ). Subscribe Here!
CH Robinson Transportfolio
JULY 28, 2020
Robinson experts act as an extension of your team when it comes to contract management, transportation, warehouse services, consolidation, last mile delivery and fresh produce sourcing—allowing you to optimize your entire supply chain holistically.
6 River Systems
FEBRUARY 3, 2020
Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. Artificial Intelligence & Machine Learning A variety of other technologies, such as robots and advanced warehouse management systems, leverage Artificial Intelligence (AI) and Machine Learning (ML) for data-driven decision-making. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers.
Claritum
JANUARY 29, 2020
5 steps for 2020 procurement dashboard vision. Why build procurement dashboards? Trying to make sense of the information you get from different sources such as excel spreadsheets, ERP systems, accounting software, databases and manual forms. Then you could benefit from building procurement dashboards. With the huge amount of business information available and data visualisation tools to use, dashboards have become essential tools for Procurement.
6 River Systems
JUNE 26, 2020
“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” “I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” Warehouse Operations
CH Robinson Transportfolio
AUGUST 26, 2020
Finding the sourcing, shipping, and delivery options you want, especially in times of disruption, starts with providers that can support your supply and demand requirements. Supply Chain Smart Solutions Supply Chain Technology inventory management Managed Procurement Services (MPS
Supply Chain Game Changer
JUNE 11, 2019
SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.
6 River Systems
JULY 25, 2019
Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively. This initially necessitated the expansion of our warehousing provision, revision of our stock rotation and warehousing policies and associated costs, which we had to bear.
Supply Chain Brain
JULY 9, 2018
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). 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' Blog
Talking Logistics
JULY 1, 2015
Source: “The Case for Less Silos, More Intelligence in Supply Chain Management,” webcast presentation by Adrian Gonzalez, Adelante SCM. Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. Break down your supply chain functional silos. This advice is not new.
6 River Systems
DECEMBER 11, 2018
Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. “Users can easily now look at your global or regional supply situation and quickly source alternates when required, but the key here is to practice your response. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses. Warehouse Operations
Supply Chain Game Changer
NOVEMBER 14, 2018
Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Automation has eliminated a number of blue-collar supply chain jobs in warehouses and distribution centres, and driverless trucks stand to transform the logistics field, eliminating the need for millions of truck drivers. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.
Supply Chain Game Changer
JUNE 16, 2020
A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Their Sales teams will want to pad forecasts and hedge demand but their Procurement teams will want to give you forecasts that they are more confident in. Trade wars , tariffs, and demands for the repatriation of manufacturing jobs are central to Supply Chain sourcing activities.
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