The Logistics of Logistics

JUNE 7, 2021

About Andrew Lynch. Lynch and his team leverage data intelligence and strong industry relationships to help clients uncover transportation savings, build scalable supply chain strategies, and ace retailer compliance programs. About Zipline Logistics. Learn More About the True Cost of OTIF Failure. third-party?logistics.

Cost Reduction 221

Cost Reduction Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 221

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.

Procurement Analytics 84

Procurement Analytics Manufacturing Procurement Procurement Document 84

3PL Links

OCTOBER 11, 2023

Everything You Should Know About Risk Management in Logistics | Image source: Pexels In many facets of business, risk management is becoming more and more crucial, and logistics operations are no different. Many businesses, however, are unaware of the specifics of risk management in the logistics chain and how to properly execute it.

Logistics Network Optimization Software 48

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FreightWaves SONAR

APRIL 1, 2021

That gave rise to a new time pricing strategy, dimension (DIM) pricing. . Calculating LTL shipping is an essential part of rate negotiation and capacity procurement and is an important step in securing the best bids, marketing shipping rates and maximizing profit margins. How to track trends developing in long-term pricing agreements.

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Logistics Bureau

MAY 30, 2022

In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Our three pillars (or fundamentals) of great supply chain management excellence are strategy, service, and cost. For example: Alignment of strategy and cost leads to happy shareholders.

Inventory Reduction 112

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 112

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. Marketing Yourself.

Supply Chain Planning Software 115

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Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. How to Move Forward. Autonomous procurement to track and alert a user to market changes and create procurement activities. 2] ibid.

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GlobalTranz

OCTOBER 16, 2015

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

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Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

Logistics Bureau

OCTOBER 26, 2024

Consultants take a proven approach to help with all aspects of the supply chain, including procurement, manufacturing, logistics, and distribution. Often, people think that supply chain consulting is about reducing costs. If developing an effective supply chain strategy was easy, a lot more than 35% of companies would have one.

Supply Chain Planning Software 118

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 118

EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. Here are six inventory optimization strategies to improve inventory turnover without damaging stock availability: Know your inventory items’ position in their product life cycle.

Optimal Sourcing 59

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Logistics Bureau

OCTOBER 29, 2020

It’s a strategy worth considering before looking at external benchmarking, because it might allow you to reduce the scope of an external benchmarking exercise, and narrow the gaps between your company and its peers. 3 Good Reasons to Start With Internal Benchmarking. Ready to SCOR with External Benchmarking?

Supply Chains 79

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247 Customs Broker

MAY 8, 2018

My personal theme for this year’s conference is Why procurement matters! It was the headline on our annual procurement issue, which we published in March, and I hope by the exclamation point, rather than a question mark, you get the sense that I really believe procurement matters, and more than ever. About the Author.

Procurement 28

Procurement Price Reduction Material Savings Sourcing Strategies 28

Logistics Bureau

OCTOBER 19, 2020

It’s a strategy worth considering before looking at external benchmarking, because it might allow you to reduce the scope of an external benchmarking exercise, and narrow the gaps between your company and its peers. 3 Good Reasons to Start With Internal Benchmarking. Ready to SCOR with External Benchmarking?

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Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Procurement managers need to focus on more than just saving money.

Supply Chain Software 134

Supply Chain Software Supply Chains Optimal Sourcing Procurement Solutions 134

FreightWaves SONAR

APRIL 5, 2021

Among enterprise companies, one critical aspect of successful negotiation and capacity procurement is a better predictive outlook of both spot and contract truckload rates. When enterprise shippers know how to prepare for and predict contract truckload rates accurately, they are more likely to find success with their RFP bids.

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Negotiating Skills Data Sourcing Strategies Optimal Sourcing 94

WorkWave

AUGUST 31, 2021

However, there are strategies to lower these shipping costs. If possible, the best way to avoid location issues is to procure multiple warehouses in targeted locations to best serve your consumer base. Shipping insurance may be offered to the customer, and you should have a clear policy of how that will be implemented.

Optimization Software 52

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Talking Logistics

DECEMBER 13, 2018

This is usually a three to six month process and may be part of a larger corporate strategy or transformation process that it has to plug into. He recommends including those you interact with in daily operations such as manufacturing, warehousing, distribution, procurement, and finance. The TMS selection process.

Supply Chain Planning Software 61

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Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Book Now Let’s talk about your warehouse layout! Book your free consultation.

Inventory Reduction 87

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SYSPRO Smarter ERP

JANUARY 9, 2023

An ERP system contains all the essential data that personnel need to make decisions about their processes and operations. Whether it’s information about suppliers, procurement, inventory management, factory operations, sales or service, an integrated ERP solution has the data necessary to make decisions. Reassess strategy.

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Manufacturing Procurement ERP Data Logistics Network Optimization Software 111

GlobalTranz

SEPTEMBER 27, 2016

In this installment, we’ll talk about How to Work with a 3PL, The Benefits of a 3PL, & the Future Trends of the 3PL Industry. You’ll read about some interesting developments to come in the 3PL industry. We introduce you to part 2 of our e-book series The Essential Guide to Third Party Logistics.

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Logistics at MPEPS at UPV

MARCH 31, 2019

Jobs in logistics account for about 20 -25% of each store’s co-workers, all of whom. A manager in this area drives the cooperation between the sales and logistics departments, knowing how to exploit every cubic meter of space. provide a vital link in our operations. Sustainable Relationships with Suppliers.

Price Reduction 40

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247 Customs Broker

MAY 8, 2018

My personal theme for this year’s conference is Why procurement matters! It was the headline on our annual procurement issue, which we published in March, and I hope by the exclamation point, rather than a question mark, you get the sense that I really believe procurement matters, and more than ever.

Procurement 28

Procurement Supply Chains Price Reduction Sourcing Strategies 28

Parade

APRIL 22, 2019

Meanwhile, big shippers like Anheuser-Busch are using multiple digital freight brokerages, describing the “tech-enabled carrier space as something provides transformational value,” says Mark Young, the director of transport procurement. big disruption in the freight brokerage industry is coming.

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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

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Talking Logistics

SEPTEMBER 20, 2017

Which means that, as it does every year at this time, space is about to get very tight. Here’s an easy way to think about the regular and potential future disruptions that could impact your ocean shipping strategy, and what you can do to prepare for what comes next. Robinson offices, procurement teams, and customers.

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Logistics Viewpoints

NOVEMBER 6, 2023

via CDP or their sustainability reports), and about 20% report their emissions directly on the EcoVadis platform annually. Many companies don’t even know how to start these projects. Christophe was asked, “How did Schneider Electric get started on their net zero journey and what was the role of the suppliers?”.

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GlobalTranz

NOVEMBER 30, 2021

Let’s take a closer look at how to turn these practices into action. report that the pandemic is accelerating the automation of the procurement process. As automation continues, risk declines, efficiency improves, and transportation procurement gets easier for shippers of all sizes. Track Carrier Performance Data.

Optimal Sourcing 88

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Logistics Bureau

JULY 10, 2018

While the development of a wholly demand driven supply chain (DDSC) might not be for every enterprise, there is no doubt that many can benefit from such as strategy. “In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” ” – Mark Zuckerberg.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Design Software Inventory Reduction Supply Chain Software 48

Trinity Logistics

JULY 6, 2021

The bottom line is this is a reactive strategy focused on individuals’ tasks. Efficiency isn’t just about getting faster; it’s about getting better. Are your current strategies effective? You’ll usually find some of your distribution centers are better at procuring freight than others. PAIN POINT 2: PERFORMANCE.

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Kanban Logistics

JULY 23, 2020

Often, third party logistics providers (3PLs) are key operating partners behind these manufacturing logistics solutions, providing the warehouses, trucks, systems and know-how to make this just-in-time (JIT) process happen. Parts procurement and VMI services offer further efficiency. That’s a missed opportunity.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Negotiating Skills Procurement Solutions 52

FreightWaves SONAR

JANUARY 26, 2021

Supply chain leaders continue to focus their efforts on finding the right mix of assets used, market positioning and carrier freight pricing strategies. For carriers, it’s all about balance. However, this is about a different type of freight load balancing-the balancing of assets. Defining freight load balancing.

Price Reduction 78

Price Reduction Cost Reduction Waste Reduction Optimal Sourcing 78

MTS Logistics

AUGUST 5, 2022

You must know all details about the shipping before providing an accurate estimate to your customers. These rules are used in international procurement transactions to communicate risks, costs, and tasks that are requested for the delivery of goods. Service Type. Cargo Details. In Summary.

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SYSPRO Smarter ERP

MARCH 29, 2022

” World Economic Forum – The Fourth Industrial Revolution: what it means, how to respond. These systems will also enable more resilient supply chains brought about by better information available in near-real-time. Leadership with a purposeful digital strategy is the key to transformation. Start small.

Manufacturing Procurement 116

Manufacturing Procurement ERP Digital Modeling Software 116

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How do we monitor what our customers feel about us? How to Breakthrough Lean Culture Plateaus.

Manufacturing Procurement 54

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Trinity Logistics

MAY 9, 2022

So, let’s dive into each of these markets so you can better determine your business’s strategy. HOW TO TRACK RATES IN THE SPOT MARKET? HOW CONTRACT AGREEMENTS ARE SET WHO IS THE SPOT MARKET BEST FOR? TECHNOLOGY NEEDED FOR RFPS NEED HELP WITH YOUR STRATEGY FOR COMPETITIVE SHIPPING FREIGHT RATES? WHAT IS THE SPOT MARKET?

Freight 79

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Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Freight Benchmarking: How to Do it Right. What is Freight Benchmarking?

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Infosys Supply Chain Management

MAY 21, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Any transformation brings with it both cultural and technology changes, requring an enterprise to be extremely cautious about implementing them. Contact Us. Newsroom Investors Careers. Infosys Labs. Industries.

Sourcing Strategies 38

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