Transporeon

JANUARY 25, 2018

In the case of an Amway multivitamin, for example, the company controls the process “from seed to supplement,” transporting raw materials to manufacturing sites in the U.S., The company began searching for a better way to procure freight and manage bids. We needed very little support,” says Clark. “We

Negotiating Skills 48

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Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

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GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

Logistics Business Magazine

NOVEMBER 24, 2023

To ensure that more truck drivers are back home in the evening, for example, the forwarding association Elvis wants to set up a meeting network for full truck loads. The best of the best also differentiate their recruitment strategy – for example, according to generations or potential groups such as newcomers or foreign workers.

Supply Chain Planning Software 63

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Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. You can start with daily/operational decisions and work your way to tactical and strategic decisions to evaluate opportunities for integrating the data sources into your planning and analytics platform. .

Supply Chain Planning Software 157

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Logistics Viewpoints

MAY 3, 2023

At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital Supply Chain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supply chain management. I asked John to give some deeper insights on a few key points.

Supply Chain Design 101

Supply Chain Design Supply Chains Scenario Planning Procurement Solutions 101

247 Customs Broker

MARCH 26, 2018

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. 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. Third, many procurement processes suffer from confirmation bias.

Optimal Sourcing 28

Optimal Sourcing Sourcing Strategies Negotiating Skills Negotiate Pricing 28

Logistics Viewpoints

NOVEMBER 8, 2022

transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Let us take the example of direct materials, i.e., materials that are used as components in making a finished product, such as a hard drive or RAM in a personal computer. Digitalizing sourcing (i.e.,

Optimal Sourcing 123

Optimal Sourcing Sourcing Strategies Material Savings Supply Chain Software 123

CLX Logistics

JULY 26, 2021

Here are the main features of modern supply chain analytics solutions and services that help shippers optimize freight procurement, bidding, and benchmarking. Next-generation supply chain management tools like CLX LaneLogix are a perfect example of the type of system. Procurement Event Strategies.

Material Savings 40

Material Savings Sourcing Strategies Cost Reduction Inventory Reduction 40

Logistics Bureau

JULY 26, 2021

For example, the United States Government’s imposition of tariffs speaks for itself, even if former President Trump hadn’t repeatedly told companies to bring manufacturing home. In 2019, close to 25% of all German companies, including Adidas and Puma, had announced plans to remove operations from the People’s Republic.

Manufacturing Procurement 118

Manufacturing Procurement Cost Reduction Resource Reduction Price Reduction 118

Logistics in War

MARCH 7, 2020

Lessons can come from extrapolating what we witness every day; from events that capture tangible and intangible aspects of sustaining normal life. Enough stockholdings of strategically significant commodities is critically important for national resilience, just as they are for military operations. Australian consumers are fearful.

Military 142

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Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure. AspenTech has developed in a process simulator which is tuned with real plant operating data. These constraints need to be understood.

Supply Chain Planning Software 169

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FreightWaves SONAR

JULY 24, 2023

As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success. For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. Think about this.

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Logistics Viewpoints

SEPTEMBER 28, 2021

The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. In light of all of this, I’d posit we can no longer look at the events of the last year as an aberration. The impact?

Supply Chain Planning Software 113

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Freightos

APRIL 27, 2023

Here are some interesting highlights: Justification Is Key Interestingly enough, one of the most important drivers for market intelligence is justifying procurement decisions or operational decisions to internal stakeholders, like executive teams, or to customers. While this isn’t news to me, the importance it took on was.

Data 62

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Logistics Viewpoints

JANUARY 25, 2024

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. Consider a planner in Brazil working with the previous lead time prediction example, who has forgotten how to update the parameters.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 139

SYSPRO Smarter ERP

DECEMBER 12, 2022

As much as businesses today wish they have a crystal ball to predict when the next pandemic will hit them or how their supply chain will be affected by global geopolitical events, many business decisions are still based on historical financial data, from the GL. 3 reasons why manufacturers should use an integrated ERP accounting system.

ERP 111

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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. In effect, the “chaos approach means picking operatives are always within easy reach of items required for customer orders.

Inventory Reduction 88

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 88

Infosys Supply Chain Management

SEPTEMBER 15, 2014

Identify a team which has experience in plant operations, handling hazardous material and occupational safety to prevent "grinding halt'' issues. Procurement: After identifying the equipment, for the detailed task that would be executed determine the list of spare parts required. Hire/Rent any equipment (example a crane, etc.)

Manufacturing Procurement 28

Manufacturing Procurement Procurement Events Handling 28

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. To accomplish this, 10,000 supply chain associates worked with 450 global vendors who operate over 600 factories.

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 127

Logistics Bureau

APRIL 4, 2022

The benefit of this is that you’ll be in a more proactive state when unforeseen events or crises arise with minimal warning. 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.

Negotiating Skills 83

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Now, That's Logistics

OCTOBER 19, 2021

The supply chain has been choked by so many events,” it continues, “such as the Suez Canal blockage, and market dynamics like labor shortages and the spike in transportation costs that it feels like there’s been one ‘black swan’ event after another.”. Digitalization also helps streamline and automate time-consuming operations (e.g.,

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Supply Chains Digital 78

Logistics Viewpoints

FEBRUARY 8, 2022

For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. The next step? Transportation: Moving to a Digital Environment.

Optimal Sourcing 113

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 113

Transporeon

MARCH 13, 2017

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.

Sourcing 48

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SYSPRO Smarter ERP

OCTOBER 11, 2021

To operate in this environment, manufacturers need technology to improve speed, quality, and efficiency and streamline their processes. For example, the manufacturing of pharmaceuticals vs. processing liquid waste in the mining industry. In the event of a problem, full recalls are required and must be audited.

Manufacturing Procurement 119

Manufacturing Procurement ERP Supply Chain Planning Software Purchasing Skills 119

GlobalTranz

FEBRUARY 6, 2017

While supply chain entities struggle to stay competitive with the e-commerce giant, more organizations will look for ways to eliminate inefficiencies and boost operations. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017. Technology Will Reshape Procurement Practices.

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Logistics Viewpoints

OCTOBER 5, 2021

The same advanced technologies that can help companies attain these long-term strategic goals also enable logistics teams to operate faster, smarter, more agilely and more profitably every day. How can logistics teams hope to focus on these priorities, when too often they are struggling just to complete daily tasks and deliver on time?

Optimal Sourcing 127

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Logistics Viewpoints

MARCH 2, 2023

That’s shorthand for a supposed future state when pandemics, natural disasters, political conflicts – pick your disruption du jour – have receded into the background and our supply chains can once again operate in a relatively stable environment. Normalcy is no more. “The Reduced working capital.

Waste Reduction 118

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Logistics Business Magazine

MAY 14, 2024

Say your Procurement Manager is managing contracts across all collaborators – and an invoice comes through with a discrepancy. It’s only one example, but it emphasises just how prevalent siloed activity is across the supply chain. With all the will in the world, a business can have excellent communication and joined-up operations.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 45

Material Handling and Logistics

MAY 22, 2018

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). Companies can reduce costs by simplifying operations or standardizing materials that don’t matter to the customer, such as screws.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 60

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. You will need to engage your procurement, sourcing, and finance teams as part of such an effort.

Supply Chain Design Software 144

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 144

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. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 116

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. IM&E companies need to start looking at digitizing operations. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software ERP Manufacturing Procurement 115

Blue Grace Logistics

NOVEMBER 24, 2020

Seasonal events such as holiday shopping, black swan weather events, geopolitical tensions, and, in the case of 2020, a global pandemic. The health care supply chain is a perfect example. Supplier diversity is a facet of the supply chain that has often taken a back seat to overall operations.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 62

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. Consider warehousing space.

eCommerce 139

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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. Changing DC Designs and Layouts.

Supply Chain Design Software 48

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Logistics Bureau

NOVEMBER 20, 2023

Back to the Nineties To begin our journey, I’d like to share the following anecdotal account of a business acquaintance who spent several years working as a route planner for a distribution operation during the mid to late 1990s. Simon’s employer was a supplier of beer, wines, spirits, and soft drinks to retail outlets in the United Kingdom.

Presentation 80

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