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Maximize Ecommerce Supplier Relationships

Ship Monk

The fact is, most business owners think of procurement as nothing more than a transactional relationship. SRM is more than a one-and-done analysis. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process. If so, good on you!

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Why Strategic Partnerships Enable OTR Freight Management

GlobalTranz

In fact, a recent study , in partnership with Edelman Data & Intelligence, found a broad increased level of confidence from supply chain leaders despite peak season disruptions among those that have successfully implemented data-driven, third-party resources to manage heightened activity levels. Enabling Data-Driven Decision-Making .

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What is Transportation Management Software?

Trinity Logistics

While a TMS might seem daunting and expensive, it’s become an essential tool for businesses to be successful. Transportation management affects every part of your logistics process, from planning to procurement and more. A TMS has multiple options and breakdowns to give you the best analysis of your data. Looking to learn?more?about

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. You could be particularly numerate, or into analysis.

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Sustainability and due diligence laws force action

Logistics Business Magazine

His analysis is based on conversations and data from Setlog customers who use the SCM tool OSCA, e.g. more than 100 brands in the fashion industry alone. Furthermore, when it comes to a company’s profits – sourcing, procurement and supply chain management are becoming increasingly important.

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The Data Needed to Transform Supply Chains

Talking Logistics

A Deloitte study in 2017 found 49% of procurement officers believe the quality of data is a major barrier, and the lack of data integration was the number two barrier (42%). In Stage 2 businesses begin to leverage business intelligence (BI) tools for data visualizations and receive analysis that used to be done via pivot tables.

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

GlobalTranz

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Another crucial factor in supplier risk management to look for during on-site evaluations is how your carriers store their equipment, spare parts and securement tools.