The Logistics of Logistics

DECEMBER 6, 2023

Matt is the Co-founder and CEO of Loop , a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Having studied engineering at USC and Stanford, Matt is no stranger to complex data problems.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

Talking Logistics

MAY 20, 2013

Many companies have collaborative planning and forecasting processes with suppliers and manufacturing partners, but very few companies translate demand and production forecasts into transportation capacity requirements. In this episode, Adrian discusses the key challenges and opportunities associated with transportation forecasting.

Forecasting 157

Forecasting Forecasting Software Transportation Manufacturing Procurement 157

Supply Chain Shaman

APRIL 9, 2021

The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks. Mistake #4.

Supply Chain Planning Software 357

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Supply Chain Shaman

MARCH 21, 2024

In my forty years of studying supply chain planning, the groups became larger, but with questionable results. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. Surprisingly to most, the work became more efficient and less political. Why am I telling you this story?

Inventory Reduction 389

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 389

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Talking Logistics

OCTOBER 19, 2016

What defines the small and mid-sized business (SMB) market for transportation management systems (TMS)? Procurement & Contract Management. Carhartt evaluated several TMS solutions across a broad set of functional requirements, including: Order Management. Location Management. Capacity Management. Rate Management.

Case Study 100

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Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. This is his world.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

GlobalTranz

SEPTEMBER 17, 2015

At Cerasis we work with our shipper customers who procure items every day and have needs for inbound freight management as they secure those products from their vendors. Increasingly, as we work with procurement folks at these companies, we are hearing that technology for better communication and to create more efficiency.

Optimal Sourcing 120

Optimal Sourcing Procurement Sourcing Strategies Waste Reduction 120

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

BlueYonder

APRIL 27, 2021

In their journey toward transforming their existing transportation and broader supply chain operations, many customers face challenges in substantiating their business case when it comes to crucial pillars such as better capacity allocation, asset optimization, and redefining procurement services. Why there is a need for such service?

Modeling Software 52

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CH Robinson Transportfolio

SEPTEMBER 22, 2020

We recently announced our latest innovation, Procure IQ™ , which reimagines the way shippers purchase transportation. Developed inside our innovation incubator Robinson Labs , Procure IQ uses predictive analytics, artificial intelligence and C.H. A customer research study in June, conducted with over 1,000 of C.H.

Procurement Analytics 44

Procurement Analytics Procurement Solutions Purchasing Skills Optimal Sourcing 44

Supply Chain Shaman

SEPTEMBER 28, 2022

As a result, companies are writing new case studies through their actions or inaction. In this volatile world, efficient procurement led by a CFO is not the answer. There was a strong negative correlation (at an 80% confidence level) when companies were not aligned between customer service and transportation. What is the issue?

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

GlobalTranz

OCTOBER 6, 2021

OTR freight represents a long-standing aspect of supply chain operations and transportation management. M odern transportation networks and supply chains continuously adapt to market volatility and transitions. This is especially true as peak season continues to grow volatile.

Prescriptive Analytics Software 216

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Intelligent Audit

AUGUST 25, 2022

This standard method has helped countless businesses identify where transportation spend is going and where there is an opportunity to optimize. That said, companies can now access modern technology, such as machine learning, to improve the processes of gaining visibility and managing transportation.

Real-time Visibility 52

Real-time Visibility Transportation Management Supply Chain Planning Software Optimization Software 52

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation. In my compost example, I save on buying fertilizer (along with all the processing, packaging and transportation associated with it). Community organisations can help though.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Supply Chain Shaman

FEBRUARY 18, 2021

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. This has changed.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Talking Logistics

SEPTEMBER 6, 2016

Managed transportation service providers work to deliver transportation solutions to maximize service at the lowest cost through people, process, and technology. The process involves investigating the current transportation activities and engaging in new opportunities for cost-savings while optimizing service levels. Mode Shift.

Optimal Sourcing 100

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ThroughPut

SEPTEMBER 14, 2022

Making The Case for an AI-Driven Transportation Management Software . According to a recent study, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years.

Supply Chain Planning Software 52

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SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

The Logistics & Supply Chain Management Society

MARCH 21, 2023

When we as individuals are going to and from work, we experience physically, the emitting of greenhouse gasses by our transportation sector. What if technology came into the picture that allowed for far less moving about in fossil fuel burning transport? We can see the exhaust coming out of tailpipes from cars and trucks.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Also, more than half of the carriers use transport route optimization and track their drivers’ performance. Most of the shippers procure their transport through long-term contracts with selected carriers. Thus, freight buyers need to do more to integrate decarbonization into their procurement practices.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Supply Chain Shaman

FEBRUARY 28, 2021

The high activity levels in the transportation and Retail/Ecommerce sectors mirror consumers’ movement into new channels. No company that I study can effectively use market data.) Procurement Operates On An Island. A consolidation wave continued with 299 Mergers and Acquisitions in 2020. IBP Is A Deadend Street.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

Logistics Viewpoints

FEBRUARY 19, 2024

Boeing is now a case study in how not to outsource a supply chain. On February 6 th , the National Transportation Safety Board released a report saying that missing bolts were the likely cause. These suppliers, in turn, outsourced various parts of the modules they produced to their suppliers.

Supply Chain Design Software 222

Supply Chain Design Software Manufacturing Procurement Logistics Network Optimization Software Supply Chain Software 222

Supply Chain Matters

SEPTEMBER 21, 2022

The premise of this book is that the procurement function is a deeply misunderstood corporate capability, with CEO executives spending too little time thinking about or being actively involved in how their companies spend more than half of typical spending budgets. When the boss offers someone a job in procurement. Book Content.

Manufacturing Procurement 59

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Logistics Viewpoints

FEBRUARY 8, 2022

For most companies, margins only declined further in 2021, as product shortages and transportation roadblocks forced all supply chain participants to make critical decisions on the fly, acting without complete information or hard data. Transportation: Moving to a Digital Environment.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

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. The late John Wooden focused on fundamentals. Reinforcing Accountability.

Optimal Sourcing 61

Optimal Sourcing Sourcing Strategies Procurement Cost Reduction Strategies 61

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. These non-financial factors can, in fact, lead to a bigger bottom line.

Waste Reduction 86

Waste Reduction Material Savings Resource Reduction Price Reduction 86

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

A new study by the Center for Sustainable Logistics and Supply Chains (CSLS) at Kühne Logistics University, in cooperation with the European Freight & Logistics Leaders’ Forum, clearly shows that environmental and economic objectives are not in conflict and often well aligned. Our report is available online at [link].

Cost Reduction Strategies 162

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SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

The Logistics of Logistics

AUGUST 11, 2021

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Software 130

Supply Chain Software Logistics Network Optimization Software Michigan Manufacturing Procurement 130

The Logistics of Logistics

SEPTEMBER 12, 2020

His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

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

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Logistics Viewpoints

MARCH 2, 2023

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. With the right data you can reduce your overall transportation costs, both accessorial costs and overall freight spend. 17% went bankrupt, went private, or were acquired.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. However, there is so much more about modern transportation.

Logistics Network Optimization Software 100

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AFFLINK

AUGUST 12, 2022

A recent study by McKinsey revealed that two-thirds of an average company’s environmental, social, and governance (ESG) footprint lies with suppliers. For procurement leaders, this finding indicates marked potential for making an environmental impact. Prioritizing Technology & Data Provenance.

Manufacturing Procurement 62

Manufacturing Procurement Cost Reduction Strategies Sustainability Material Savings 62

QAD

JULY 21, 2022

Exacerbated by the pandemic, global supply chain challenges have included manufacturing lockdowns, labor issues across all sectors, transportation challenges ranging from port backups to a lack of truck drivers, and rapid and sudden changes in consumer demand. Causes of the Bullwhip Effect. Getting to a More Adaptive Supply Chain.

Price Reduction 94

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Logistics Viewpoints

APRIL 22, 2022

Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 The United States Postal Service will slow delivery times for a third of its first-class packages in an effort to cut costs and its dependency on air transportation amid financial struggles. GW to 10.4

Logistics Network Optimization Software 223

Logistics Network Optimization Software Logistics Supply Chain Planning Software Supply Chain Design Software 223