Talking Logistics

JULY 27, 2022

At a recent industry conference, a shipper asked me many questions about transportation procurement, such as, “How do you best determine how long and how often to have transportation sourcing events?” It’s a question many shippers are asking today as they try to figure out how to best navigate this ever-changing market.

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Supply Chain Brain

OCTOBER 27, 2022

The success of any global supply chain starts with procurement. But a lot of companies are getting that function wrong.

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Supply Chain Brain

DECEMBER 2, 2021

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time, and missed opportunities.

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Procurement How To Supply Chains Efficiency 111

SIPMM Professional Publications

MARCH 10, 2020

Rapid advancements in digital technologies nowadays and the application of these disruptive technologies in Procurement enables strategic sourcing become more predictive, transactional procurement become more automated, and supplier relationship management become more proactive.

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Talking Logistics

SEPTEMBER 4, 2022

It’s a question many shippers are asking today as they try to figure out how to best navigate this ever-changing market. Read more [Video] Why Benchmarking is the First Step to a Successful Freight Procurement Event. How do you best determine how long and how often to have transportation sourcing events?

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SIPMM Professional Publications

OCTOBER 8, 2020

The post Lean Procurement Practices for Reducing Food Waste appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management. What Causes Food Waste Food waste could happen […].

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GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.

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Shipsta

MARCH 24, 2022

To ensure your 2022 freight procurement strategy is successful, calculating your costs accurately is vital. However, we’re just a few months into the year, and the market has already experienced some of the biggest shakeups imaginable.

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SYSPRO Smarter ERP

JULY 29, 2020

One thing that procurement departments are working intensively on at the moment is how to spend more effectively. Given that direct and indirect materials make up at least 50% of the typical manufacturer’s costs, what procurement can do to improve inventory management is an obvious place […].

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MercuryGate

APRIL 1, 2021

The post Transportation Technology Procurement: How to Get all Stakeholders Onboard to Secure a TMS Budget appeared first on MercuryGate International. At the heart of many successful companies lies shareholder support for the supply chain network and the effective use of data, especially concerning those solutions that […].

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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.

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Supply Chain Brain

JANUARY 4, 2023

Chief procurement officers have allocated time, resources and money to supplier diversity initiatives but they’re still insipid. Here’s a better way to grow your diverse supplier pool — and your ROI. .

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Supply Chain Brain

APRIL 8, 2020

Now's a good opportunity to discover new workflows and optimize processes.

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Logistics Viewpoints

OCTOBER 23, 2023

The discipline has done a good job of driving collaboration between sales and marketing and manufacturing, procurement, and logistics. Because procurement is a major theme of the conference, I could not help but talk to the top executives of this business unit about the new Elon Musk biography.

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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. In part two, Chuck focuses on how to draft your terms and conditions. It Would Benefit Both Procurement and Suppliers To Write in a Clear, Friendly, and Organized Manner.

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Procurement Analytics Manufacturing Procurement Procurement Document 84

Logistics Viewpoints

SEPTEMBER 18, 2018

Take a calculated approach to robotics procurement and you’ll stand the best chance of successfully aligning it with your company’s mission, values, and future plans. The post How to Buy Your First Autonomous Robot appeared first on Logistics Viewpoints. In Robots in the Supply Chain: The Perfect Employee?

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Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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FreightWaves SONAR

MARCH 15, 2021

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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247 Customs Broker

AUGUST 29, 2019

Procurement is a natural place to realize cost savings,… The post How to navigate procurement in a post-merger world appeared first on 24/7 Customs Broker News. While companies merge for many reasons, taking advantage of economies of scale is a big one.

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Supply Chain Brain

JANUARY 19, 2023

A Group Purchasing Organization (GPO) aggregates the purchasing volume of its members for various goods and services and develops contracts with suppliers through which members may buy at group prices and terms.

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SYSPRO Smarter ERP

NOVEMBER 1, 2021

A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. The post Top 3 challenges facing manufacturers and how to overcome them appeared first on SYSPRO Blog.

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FreightWaves SONAR

MARCH 18, 2021

Limited insight into inventory demands resulting in problems procuring raw materials The manufacturing supply chain depends on the availability of raw materials to create and distribute goods and products. Knowing when it’s time to revisit bids and renegotiate contracts is critical for procurement and intervention management.

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WorkWave

DECEMBER 8, 2023

It encompasses all the steps taken to procure, receive, transport, store and manage incoming goods and materials that are essential for production, assembly or distribution within a business. For more information on how RouteManager can empower your team to tighten your inbound logistics, schedule your free demo today.

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The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. The Supply Chain is Broken – How to Fix it with Jeff Dangelo. third-party?logistics. About Zipline Logistics. Learn More About the True Cost of OTIF Failure.

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The Logistics of Logistics

JUNE 7, 2019

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. Bigger 3PLs will typically have a carrier procurement group and thousands of partner relationships. The post How to Select a 3PL with Joe Lynch and Adam Robinson appeared first on The Logistics of Logistics. Carrier Network.

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SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Suppliers can then use your forecast to refine their own production and procurement plans. Click here to learn more about SYSPRO’s MRP solutions and how to plan and manage uncertainty.

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SYSPRO Smarter ERP

JANUARY 2, 2023

Gathering and displaying the benefits of already-deployed systems or potential benefits for migrating legacy systems when done manually is challenging and can often require procuring information across departments. The post 5 smart factory challenges and how to address them with ERP solutions appeared first on SYSPRO Blog.

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The Logistics of Logistics

JANUARY 8, 2021

Noam Frankel is the founder and CEO of FreightFriend, a cloud-based truckload procurement platform that helps shippers and brokers build deep carrier relationships and drive digital execution. FreightFriend’s truckload procurement platform helps shippers and brokers build deep carrier relationships and drive digital execution.

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Talking Logistics

SEPTEMBER 23, 2020

How might it change in the weeks and months ahead? Read more Current Trends in the Transportation Market and How to Respond. The post Current Trends in the Transportation Market and How to Respond appeared first on Talking Logistics with Adrian Gonzalez. What is the current state of the market? What actions.

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The Logistics of Logistics

OCTOBER 4, 2021

Emerge’s award-winning marketplace provides access to direct capacity and live market conditions helping shippers and carriers make the strongest, most beneficial decisions when procuring domestic freight. Michael Leto is Co-CEO at Emerge , a company that is reinventing freight procurement (RFP). Key Takeaways: Emerge Levels Up.

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