Factoring Risk & Business Continuity into Holistic Supplier Management

Jaggaer

What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? The report, therefore, provides a very useful insight into supply chain management and resilience from the perspective of this community. Organizations, it seems, are getting better at managing their immediate (tier 1) suppliers. Incidents involving tier 1 suppliers fell below 50% for the first time since 2016 (48.9%). Tier Suppliers.

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

Cerasis

One of the often missing links, however, in supply chain visibility, is transportation management. We call this the transportation supply chain. What is the Transportation Supply Chain? Transportation refers to the movement of product from one location to another as it makes its way from the beginning of a supply chain to the customer’s handle. Any supply chain’s success is closely linked to the appropriate use of transportation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Introducing QAD Adaptive ERP 2020.1

QAD

For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements include: Effective Enterprise Management. Complete Customer Management. Integrated Supplier Management. business intelligence erp Integrated supplier management R&D september 2020 release

Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

But even if containment has the desired effect, what are the wider consequences of shutting down schools, shopping centers, factories, transportation and supply networks? In the auto industry, China is the world’s major supplier of parts. The world ’ s largest automotive supplier, Bosch, also produces in China , including Wuhan. Flexible and holistic supply management will be key. . Flexible and holistic supply management will be key. .

China 58

Navigating COVID-19: Mid-term Procurement Strategies for a Managing the Crisis

Jaggaer

According to the Financial Times , over 3,300 suppliers in China received force majeure certificates in February alone. It’s also important to develop recovery plans with your suppliers and make sure that they’re clearly outlined in contracts. Procurement and legal teams need well prepared, highly organized document management systems to systematically look at force majeure clauses are written. A full digital contract management suite can help with each of these tasks.

What is Supply Chain Mapping?

HICX Solutions

According to this article by Supply Management / CIPS, the main causes of global business interruption loss (by total value) between 2010 and 2014 were: 1. Of course, mapping supply chains goes beyond merely taking into account the disruption risks posed by your suppliers – you also have to bear in mind who your supplierssuppliers might be. Supplier mapping goes beyond your own suppliers. Covering both your operations and those of your suppliers.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. Ambient and/or temperature-controlled storage of supplier freight.

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

Transportation 2.) Robert Cadena is the Co-Founder and CEO of Lean Staffing Solutions, which provides operational, marketing, sales, and technology services to the logistics and transportation industry. based transportation and logistics providers. Transportation 2.)

Lean 90

Seven Supply Chain Processes To Stop Doing In The Pandemic

Supply Chain Shaman

I have also written about the need for supplier development programs and building robust supply chain capabilities in value networks. (I The third process to s top is the use of Syndicated Data in consumer products for revenue management. While syndicated data will still be useful in evaluating market share, the use of syndicated data for revenue management and trade promotion management is not relevant. Transportation RFPs are particularly problematic.

XPO Logistics (XPO) to Acquire Con-way (CNW)

Supply Chain Network

XPO will also capitalize on synergies from the combination with Con-way’s managed transportation, truckload and freight brokerage businesses. Con-way is a Fortune 500 company with a transportation and logistics network of 582 locations and approximately 30,000 employees serving over 36,000 customers. Nearly all of XPO’s current brokerage customers require LTL transportation, and the majority of Con-way’s 36,000 customers can utilize multiple XPO services. •

Bringing the Cloud Down to Earth

Supply Chain @ MIT

To free Pfizer’s logistics team from day-to-day management tasks, so they can concentrate on more strategic objectives. Supply chain managers are able to identify the spend drivers such as fuel and accessorials. Just 20 people in the in-house global transportation team manage these shipment flows. Filed under: Strategy , Transportation Tagged: cloud computing , global transportation , iPad , Pfizer , Third-party logistics , track and trace , virtual supply chain.

What are the main 3PL Services?

The Logistics of Logistics

These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Transportation Services. Distribution Center Management. Vendor Managed Inventory. Product Lifecycle Management. Labor Management.

3PL 138

Critical Questions to Analyze Total Cost in Your Inbound Logistics Strategy

LeanCor

While many companies are turning attention to supply chain management, too often they are leaving their own houses in disarray by not properly organizing the work of inbound logistics. A typical inbound logistics process will have the following activities and cost drivers: Parts ordering and supplier management. Transportation. Inventory management and associated carrying costs. What are the transportation strategies?

Will Driverless Trucks Ever Gain Traction?

Supply Chain Game Changer

Freight brokers work to connect shippers and suppliers, manage the pick-up and delivery of goods, and ensure a smooth transition from point A to point B. Both truckers and freight brokers should keep up with the trends in automation and technology platforms impacting the industry to ensure they are well-equipped to manage the changes that are inevitable. SCM #SupplyChain #freight #logistics #transportation #technology #supplychainmanagement. Subscribe Here!

Why Companies Need a Supplier Relationship Management Strategy

Cerasis

While the opportunities are numerous so are the challenges; in this fiercely competitive global marketplace success requires companies to pay closer attention to supplier relations. Global leaders should retain suppliers with vested interest in the long-term success of the company. To attain this level of trust with suppliers, companies should approach these relationships with the same care they use when approaching customers. Manage working capital.

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

From a supply chain perspective, obtaining parts and other components will be tricky particularly from suppliers further down the supply chain. Tier one suppliers may be ok but there may be more intense financial problems for the smaller ones and thus may lack the resources to re-start operations. Because of the unevenness and uncertainty in sourcing parts, transportation capacity and warehousing availability, the use of 4PLs will increase.

What are the main 3PL Services?

The Logistics of Logistics

These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Transportation Services. Distribution Center Management. Vendor Managed Inventory. Product Lifecycle Management. Labor Management.

3PL 100

What are the main 3PL Services?

The Logistics of Logistics

These firms facilitate the movement of parts and materials from suppliers to manufacturers, and finished products from manufacturers to distributors and retailers. Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Transportation Services. Distribution Center Management. Vendor Managed Inventory. Product Lifecycle Management. Labor Management.

3PL 100

Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

Managing supplier s in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry. Supplier management is, of course, challenging at the best of times, and for a variety of reasons. Supplier risk (e.g.

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.” In planning, the management of cost is easier said that done. Figure 1: Managing Supply Chain Costs.

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The decision making process used to select suppliers must be fact-based and driven by a rigorous analytical approach. Supplier selection is more critical than ever. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined.

15 Improvements by the Deployment of The Internet of Things in the Supply Chain

Cerasis

Cerasis embraces IoT-type technology, such as integration , as an interconnected, intelligent network that combines together many tiers of contract manufacturers, suppliers, service providers, customers, and distributors, regardless of their geographical location. Traditional supply chain tasks in procurement , planning, logistics and supplier management would be streamlined by intelligent, data-driven systems in a collaborative multi-enterprise environment.

SCM Best Paper Award Winners 2011

SCM Research

Some of the leading supply chain management journals have now announced their winners. The Journal of Business Logistics has just announced that the paper Exploring a governance theory of supply chain management: Barriers and facilitators to integration by Richey et al. and Sustainable global supplier management: The role of dynamic capabilities in achieving competitive advantage by Reuter et al.,

SCM 110

Big Data Analytics: A Key to a Successful Supply Chain in the Next 5 Years?

Cerasis

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management. The main benefit of big data analytics regarding supply chain management is customer service. Supplier Management. Pricing Management.

Third Party Logistics Services

LeanCor

Management is freed from issues related to shipping and warehousing to focus on their core business. Throughout the areas of inventory, materials and supplier management, transportation and warehousing management, and all aspects of the supply chain, a disciplined and educated approach can introduce efficiencies and other savings. The Unseen Supply Chain.

Supply Chain Leadership Driving Industry 4.0 & Resilience During Crisis – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This not only triggered demand volatility, but also raised a significant question mark in managers’ minds about the status of demand after the crisis. It is therefore critical to ask how should supply chains be managed during and after crisis to ensure availability?

Papyrus embraces new planning process with Pharos, a central supply chain control tower application

AIMMS

Papyrus, a leading European paper wholesaler, started using AIMMS in May 2014 to implement radical changes in its supply chain network and re-envision its forecasting, replenishment & supplier management workflow. Suppliers delivered to approximately every warehouse, with long lead times of four to five weeks. Suppliers will reduce lead times in return for more accurate forecasts. Operation with suppliers will take place in non-traditional, collaborative ways.

Insights from Ryder Innovate 2014

Talking Logistics

The value of peer-to-peer learning and networking was evident at last month’s Ryder Innovate conference — “an exclusive gathering of senior leaders in transportation, logistics, and supply chain seeking strategic insight, new ideas, and thought leadership to improve their supply chain and fleet operations.” Greg Forbis, Senior Director, General Merchandise, Inbound Transportation, Walmart Stores. Jason Mathers, Senior Manager, Environmental Defense Fund.

The future of the mobility industry is digitized and automated

SupplyOn

And this is true at all levels: From infrastructure technology and supplier management to the customer experience, everything is to be digitized and automated in the future. To achieve this, Deutsche Bahn counts on a powerful procurement as well as on reliable suppliers. The momentum has changed from a tailwind to a storm, and he’s calling on suppliers to join forces.

Will Supply Chains Ever Return to Normal?

Enterra Insights

Nezih Altay, a professor of supply chain management at the Driehaus College of Business of DePaul University, notes, “Pandemics are a different sort of disaster.”[1] Stop using syndicated data in consumer products for revenue management. She explains, “While syndicated data will still be useful in evaluating market share, the use of syndicated data for revenue management and trade promotion management is not relevant.

China 109

Blockchain has Potential

Enterra Insights

Sharing information with suppliers. Managing trade documentation. Verifying and monitoring suppliers. Managing supply chain risk. Managing demand and supply planning. Managing inventory. Managing freight transportation. Managing product returns. ” Blockchain’s potential for supply chain management. 4] Ron Crabtree, “ Blockchain in Logistics, Transportation and Distribution ,” SCM Now Magazine , 2018. [5]

Digital Supply Chain Transformation Still in Early Stages

Enterra Insights

”[7] Noyes goes on to discuss “the Digital Capabilities Model for Supply Networks (DCM), a new reference model from the Association for Supply Chain Management (ASCM) and Deloitte that can help companies assess their preparedness and gain insight into where and how to invest.” This means connecting with suppliers, customers, and key supply chain partners up and down multiple tiers of a company’s extended supply chain.”

Overview of European supply chain events 2015

Supply Chain Movement

Supply Chain Management & Optimization Conference. EuTra-European Transportation Forum. Transport & Logistics Forum. 9th Edition Global Procurement and Supply Chain Management for the Oil and Gas Industry. Transport Logistic. Supplier Management Excellence. From e-Invoicing to e-Supply Chain Management. Logitrans, Transport Logistics Exhibition. Did not have or make enough time to attend any events this past year?

How supply chain managers are looking at sustainability

ModusLink Corporation

In the opening presentation in Miami, there was considerable reference to the SCM World Chief Supply Chain Officer Report 2013, a year-long study looking at “perspectives and practices of supply chain management around the world.”. Almost 1 in 3 supply chain managers and executives polled say their business has already generated cost savings from managing energy efficiency, waste, supplier diversity and/or resource scarcity.

Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

There are numerous — sometimes hundreds or even thousands — of suppliers, partners, third parties, bankers and lawyers involved in in the process of producing and distributing products for consumers. Blockchain has the potential to turn the tables, helping organizations streamline supply chain management (SCM), bolster cybersecurity across each touchpoint, maximize customer value and maintain a competitive edge.”[1]. Sharing information with suppliers.