GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". For example, in one Indiana case, Tyler Pipe Industries, Inc. Battle of the Forms: Will You Win, Lose or Draw?

Manufacturing Procurement 85

Manufacturing Procurement Negotiate Pricing Optimal Sourcing Procurement 85

CLX Logistics

JULY 14, 2023

The same chemical product can have different freight classes depending on the density of the articles that make up the shipping unit. Take, for example, a rigid plastic sheet where one NMFC code has multiple possible freight classes dependent not only on the density but also the greatest dimension of the packaged unit.

Optimal Sourcing 95

Optimal Sourcing Procurement Purchasing Skills Packaging 95

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Logistics Viewpoints

JANUARY 4, 2023

I provided a glimpse of the study content in an article in October that lists the top 20 warehouse automation suppliers , based on ARC’s estimates of 2021 revenues. Together, these two articles provide a substantial quantitative and qualitative overview of the global warehouse automation market. Plans for the 2.8

Supply Chain Software 154

Supply Chain Software Automation Supply Chain Planning Software Purchasing Skills 154

Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

Supply Chain Software 138

Supply Chain Software Supply Chains Manufacturing Procurement Logistics Network Optimization Software 138

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example. In an article, I voiced my skepticism and said that I believed using AI to solve this problem would lead to huge number of false positives.

Supply Chain Software 123

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 123

Logistics Business Magazine

AUGUST 31, 2023

Freight procurement processes have always been noted for their high levels of complexity which increases exponentially during peak shipping season. This article by SHIPSTA addresses six of the most common challenges that can surface in peak shipping season, while providing solutions on how to best address them.

Optimal Sourcing 53

Optimal Sourcing Negotiating Skills Sourcing Strategies How To 53

GlobalTranz

AUGUST 18, 2021

Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value article. . Focus on Carrier Procurement and Management.

Logistics Network Optimization Software 123

Logistics Network Optimization Software Optimal Sourcing Optimization Software Modeling Software 123

Logistics Bureau

DECEMBER 4, 2023

It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. As you can deduce from Amazon’s example, there is no standard for an optimal warehouse layout. What Next for Toyota IM?

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Logistics Bureau

NOVEMBER 23, 2020

Procurement Communications. Leading the field are chatbots, which allow text-based interactions, for example, between procurement managers and their suppliers’ systems. The best-known examples are the deployment of robots and automated guided vehicles (AGVs) in the warehouse. Other Uses for AI in the Supply Chain.

Supply Chain Planning Software 107

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 107

Logistics at MPEPS at UPV

APRIL 24, 2023

The term military logistics has a wide range of meanings that depend on the perspective of experts and scientists who highlight logistical issues in their research papers and articles. For example according to the approved NATO definition, military logistics is the science of planning and carrying out the movement and maintenance of forces.

Military 40

Military Optimal Sourcing Supply Chain Planning Software Procurement Solutions 40

247 Customs Broker

MARCH 26, 2018

At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. Here are four reasons why your own procurement process might not be as good as you think it is. Third, many procurement processes suffer from confirmation bias.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Logistics at MPEPS at UPV

APRIL 5, 2023

The article Logistics of the American Circus: The Golden Age talks about the some logistic principles that have been used in the circus world for more than a 100 years: Utilise an order lot size of one to minimise inventory For example, ordering one-day food deliveries.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Logistics Optimal Sourcing Video 52

Logistics Viewpoints

MARCH 9, 2022

A few weeks ago, I wrote an article on the benefits of time slot management. In that article, I highlighted the importance of the network effect on time slot management and related technologies, as well as the main benefits of a time slot management application. This is where the true power of time slot management exists.

Supply Chain Planning Software 151

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Optimization Software 151

Logistics Bureau

MAY 30, 2022

For example: Alignment of strategy and cost leads to happy shareholders. As an example, let’s say that as a part of its customer service promise, your company guarantees its customers that they will receive their orders within 24 hours. Procurement costs. Why does the C-suite want the three pillars aligned?

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Freightos

NOVEMBER 7, 2023

For example, some carriers shared with us their APIs for contract rates, others for spot rates, some for rates but not ebooking, others share APIs via third parties who charge an exorbitant price for accessing the API. He is a frequent speaker at industry events and has authored various articles, papers, and patents.

eBook 88

eBook Optimal Sourcing Negotiating Skills Digital 88

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 148

Logistics Bureau

NOVEMBER 6, 2023

We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction. However, in this article, we’ll focus exclusively on the cost factor, drawing your attention to some questions you might ask yourself (and your team) about your facility’s energy usage.

Cost Reduction 107

Cost Reduction Purchasing Skills Waste Reduction Material Savings 107

Kanban Logistics

SEPTEMBER 20, 2023

In this article, we’ll identify and define the most common value-added warehousing services that a 3PL provider may perform. Common and not-so-common examples of 3PL value-added warehousing Cross docking Cross docking is a service in which products are unloaded from a truck (or railcar if intermodal) for temporary storage in a 3PL warehouse.

Warehousing 52

Warehousing 3PL Logistics Network Optimization Software Manufacturing Procurement 52

Logistics Bureau

JULY 11, 2022

You should be able to realistically track these three KPIs , whether your procurement or inbound logistics functions use sophisticated analytics software or visualise data via less advanced means. Example: Purchase order quantity in current month = 200,000 units, Quantity received = 199,880 units. Supplier performance = 99.94%.

Procurement Analytics 107

Procurement Analytics Procurement Solutions Purchasing Skills Inbound 107

Logistics at MPEPS at UPV

MAY 6, 2023

One such example is the concept of warehousing, which, despite having a shared fundamental definition of a place to store goods, takes on nuanced interpretations within different contexts. Digital warehousing involves the procurement, management, secure storage, and exploitation of individuals’ personal data.

Warehousing 40

Warehousing Digital Optimal Sourcing Inventory Reduction 40

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Data 62

Data Freight Optimal Sourcing Supply Chain Software 62

Logistics Bureau

APRIL 4, 2022

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FreightWaves SONAR

MARCH 22, 2021

Failures to understand the severity of the problem can quickly amount to massive waste across different sectors, particularly in transportation procurement and execution. . To further drill into this example, consider an individual lane with high market volatility.

Data 98

Data Negotiating Skills Freight Resource Reduction 98

Logistics Bureau

AUGUST 1, 2022

In this article, we’ll explain why that should be and how your company can avoid S&OP problems by investing correctly in the people and their interrelationships , without which it’s simply impossible to tie the moving parts of S&OP together. At the beginning of this article, we looked at who’s who in the S&OP process.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 104

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. For example, you can be doing finance in supply chain, or you can be doing operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

Shipping and Freight Resource

MARCH 10, 2020

In this article I unpack the difference between Maritime, Shipping, Freight, Logistics and Supply Chain and how it is all connected, starting with some simple definitions of these terms. Procure good quality at reasonable rates. Supply Chain. Unavailability of certain products domestically. Comparative Advantage. Market expansion.

Maritime 134

Maritime Supply Chain Planning Software Supply Chains Manufacturing Procurement 134

Logistics Viewpoints

AUGUST 29, 2022

Examples of third-party data would include weather forecasts, sustainability ratings, or D&Bs on a company’s financial viability. For example, a manufacturer might have a supplier in Hanoi they purchase key components from. So, the term “Haiphong” when combined in an article with the phrase “port fire” would generate an alert.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 116

Forto

APRIL 13, 2021

But what exactly this term means and what the legal context is, you will find out exactly by reading the following blog article. A code laid down in the maritime law of Rhodes, according to which, in the case of an accident, the vessel owner could, for example, throw goods overboard to save the ship and its cargo. General Average.

Maritime 52

Maritime Cargo Security Examples 52

Logistics Bureau

AUGUST 20, 2019

This article delves into the changes that new commercial business models, customer expectations, and technology are bringing about in the logistics environment, focusing particularly on how those changes are impacting the planning, procurement, design, layout, and operation of distribution centres. The Changing Face of the DC.

Supply Chain Design Software 48

Supply Chain Design Software Modeling Software Logistics Network Optimization Software Supply Chain Planning Software 48

Talking Logistics

FEBRUARY 14, 2018

Here are some excerpts from her article : BLS researchers parsed agency data on U.S. This coincides with a Wall Street Journal article from earlier this month ( Rising Freight Costs Are Weighing on Companies’ Profits ) that provided similar examples, including “cardboard maker Packaging Corp. million and 2.125 million.

Optimal Sourcing 62

Optimal Sourcing Trucking Cost Reduction Price Reduction 62

SYSPRO Smarter ERP

OCTOBER 11, 2021

For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. In the pharmaceutical example, it is a batch process manufacturing where the products are made as specified groups. Mid-size manufacturers operate mainly in the batch process space and that is what this article focuses on.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Parade

MARCH 3, 2021

In this article, we explore Invoice Reconciliation tools as a core piece of every digital 3PL/freight brokerage’s operations. And in the example of invoices, the unwieldy process of cross-referencing and auditing means that fraud in the logistics business is all too common. Digitize Invoicing to Eliminate Errors and Guard Cash Flow.

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Resource Reduction Cost Reduction 78

Logistics Viewpoints

MARCH 29, 2021

The following article highlights some of the key points made by Mr. Elias and Mr. Stauffer. For example, the bricks in a pizza oven are refractory bricks. Order promising, based on an accurate bill of materials, allows procurement of the necessary raw materials to be kicked off automatically.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 94

Kanban Logistics

AUGUST 13, 2020

In this article, we’ll take a closer look at the outsourcing model and the ways it can drive efficiency in your inbound logistics supply chain. This includes the procurement and delivery of the parts used to build the finished product. Third-party procurement. Third-party procurement services from a 3PL can help.

Manufacturing Procurement 98

Manufacturing Procurement Inbound 3PL Material Savings 98

Globalior

JUNE 26, 2020

Procurement: Procurement may be able to work from home, however a big part of a procurement executive’s job is vendor management which is best done face to face. In most companies, logistics executives are primarily involved in coordinating and monitoring shipments through email and phone communications.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 52