Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 117

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 117

SIPMM Professional Publications

JULY 28, 2020

Supplier quality is the ability of a supplier to deliver goods or services that will meet and satisfy customers’ requirements. Ineffective procurement techniques for supplier quality can be catastrophic to business growth. It will negatively impact the reputation […].

Optimal Sourcing 97

Optimal Sourcing Procurement Purchasing Meeting 97

Material Handling and Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

SIPMM Professional Publications

OCTOBER 20, 2019

Sustainable procurement is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE.

Cost Reduction 88

Cost Reduction Procurement Strategy Analysis 88

SIPMM Professional Publications

JULY 18, 2019

This is what most organizations, especially CPOs in banks, are talking about when they think of procurement. But with budgets growing more slowly, and expectations of cost and efficiency savings growing faster than ever, how can organizations meet deliver expectations? With today’s technology and maturity of […].

Procurement 92

Procurement Digital Meeting Efficiency 92

CLX Logistics

NOVEMBER 21, 2023

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates? The outcome?

Optimal Sourcing 79

Optimal Sourcing Manufacturing Procurement Procurement Cost Reduction 79

The Logistics of Logistics

JANUARY 13, 2023

Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Streamline procurement. Meet with Trey @ Manifest Vegas.

Manufacturing Procurement 274

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 274

FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Globalior

FEBRUARY 25, 2023

Photo from: [link] Building Strong Supplier Relationships in the Oil and Gas Industry: The Key to Successful Procurement The oil and gas industry is a complex and dynamic industry that relies heavily on procurement to ensure the delivery of goods and services that support its operations.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Procurement Solutions Negotiating Skills 52

Material Handling and Logistics

MARCH 9, 2018

From limited visibility beyond their tier-one suppliers to teams that don't have the capabilities to deliver on the strategy, procurement officers have their work cut out for them. Yet challenges remain: More than half (51%) of procurement leaders surveyed do not believe their teams have the capabilities to deliver their procurement strategy.

Optimal Sourcing 87

Optimal Sourcing Procurement Cost Reduction Sourcing Strategies 87

247 Customs Broker

NOVEMBER 16, 2020

This latest automation offering helps procurement teams offload… The post Supply meets demand: New sourcing automation solution targets ocean freight procurement appeared first on 24/7 Customs Broker News.

Procurement 36

Procurement Sourcing Automation Meeting 36

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.

Manufacturing Procurement 155

Manufacturing Procurement Production Supply Chain Design Procurement 155

Supply Chain Brain

MARCH 3, 2022

Corporate social responsibility (CSR), a commitment to meeting or exceeding ethical, legal and commercial public expectations, not only helps make the world a better place, but is also increasingly critical to business results.

Procurement 98

Procurement Meeting 98

SYSPRO Smarter ERP

APRIL 19, 2019

Procurement is often overlooked and undervalued, yet it impacts every facet of a business. Procurement and supplier relationships have an important role to play when it comes to ensuring manufacturers and distributors meet their strategic goals. It’s time to streamline the procurement process, harnessing […].

Optimal Sourcing 81

Optimal Sourcing Manufacturing Procurement Procurement Sourcing 81

247 Customs Broker

DECEMBER 20, 2019

In… The post Waitrose ups loose vegetable procurement to meet Christmas demand appeared first on 24/7 Customs Broker News. [og_img] Waitrose & Partners has increased orders of its best-selling loose vegetables at Christmas by 75% year-on-year as sales of their packaged equivalents decreased.

Procurement 28

Procurement Meeting Packaging Ordering 28

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.

Procurement Analytics 75

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 75

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. Suppliers who do not meet the minimum OTIF service level are often fined by the retailer. third-party?logistics. About Zipline Logistics.

Cost Reduction 311

Cost Reduction Manufacturing Procurement Supply Chain Software Logistics Network Optimization Software 311

Blue Grace Logistics

JUNE 13, 2022

These factors are strong motivators for change, which is currently focused on transportation, procurement, and supplier requirements and monitoring. Here’s how many companies are turning to their supply chains to meet their ESG goals. REDUCING EMISSIONS FROM TRANSPORATION.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Software Optimal Sourcing Supply Chain Design 62

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 101

The Logistics of Logistics

SEPTEMBER 25, 2023

Verusen utilizes advanced data science and artificial intelligence to harmonize disparate material data across multiple enterprise systems to provide complex supply chains with material truth for supply and inventory planning and procurement intelligence.

Optimal Sourcing 395

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 395

The Logistics of Logistics

DECEMBER 1, 2023

Founded in 2016, and located in Fort Wayne, IN, Princeton TMX provides an intuitive user experience, configured to meet specific business requirements and streamline, automate, and optimize all modes of transportation. Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates.

Optimal Sourcing 327

Optimal Sourcing Supply Chain Planning Software Optimization Software Sourcing Strategies 327

SIPMM Professional Publications

APRIL 23, 2020

The purchasing department helps to maintain the financial health of organizations by procuring goods and services that meet operational needs and keep operations moving smoothly while providing the highest value. The purchasing function can have an overwhelming impact on the bottom line of an organization.

Procurement 148

Procurement Purchasing Maintainability Meeting 148

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Efficiency in freight procurement allows companies to engage in other value-added work.

Optimal Sourcing 125

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 125

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.

Negotiating Skills 90

Negotiating Skills Price Reduction Optimal Sourcing Cost Reduction 90

247 Customs Broker

JANUARY 3, 2020

[og_img] Logistics Manager meets Jim Gallagher, supply chain, procurement and logistics director at BSH Home Appliance UK and Ireland, speaker at the Supply Chain Conference 2020.… … The post Supply Chain Conference 2020: Meet the speaker – Jim Gallagher, BSH Home Appliance appeared first on 24/7 Customs Broker News.

Conference 36

Conference Supply Chains Meeting Procurement 36

The Logistics of Logistics

AUGUST 26, 2022

Supply chains have been volatile since the beginning of the pandemic, with elevated rates and fragile capacity highlighting the need for innovative procurement solutions. Empty miles are about 1.5% of US greenhouse gas emissions. Raj and the Uber Freight team believe they can address and solve many of the problems listed above. Raj Subbiah.

Optimal Sourcing 315

Optimal Sourcing Logistics Network Optimization Software Freight Optimization Software 315

The Logistics of Logistics

JUNE 7, 2021

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. Suppliers who do not meet the minimum OTIF service level are often fined by the retailer. third-party?logistics. About Zipline Logistics.

Cost Reduction 221

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

SIPMM Professional Publications

FEBRUARY 22, 2020

A third-party logistics provider offer various outsourcing services such as warehousing, transportation, procurement, value-added services and to certain execution scope. Technology integration is also a ‘must have’ to enhance the entire service level.

3PL 113

3PL Logistics Network Optimization Software Outsourcing Modeling Software 113

SYSPRO Smarter ERP

OCTOBER 9, 2023

Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. Using a quality management system ensures goods inspected on arrival meet the required standards and that products leave the factory at the standard customers expect.

Manufacturing Procurement 111

Manufacturing Procurement Purchasing Skills Cost Reduction Optimal Sourcing 111

NGT News

JANUARY 14, 2022

He will lead the manufacturing, vehicle assembly and procurement functions as Lightning eMotors scales to meet its growth targets. Lightning eMotors, a provider of medium-duty and specialty commercial zero emission vehicles for fleets, has promoted Brian Barron to chief manufacturing officer.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Meeting 98

The Logistics of Logistics

AUGUST 28, 2023

Her supply chain and traditional G&A consulting background bring a unique perspective to clients who must work across their organizations to drive supply chain initiatives with Procurement, IT, Operations, and the C-suite. At DAT, she has been instrumental in growing the shipper practice.

Supply Chain Planning Software 361

Supply Chain Planning Software Logistics Network Optimization Software Optimization Software Optimal Sourcing 361

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The start of any product or service is procurement, explains Jonathan Webb of Forbes Magazine , which refers to the obtaining of raw materials needed to create a product.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

Logistics in War

DECEMBER 4, 2018

Costs are so high to acquire materiel that militaries are consuming sustainment budgets in the early stages of procurement. We are, without a doubt, in a period where technology can meet our ambitions. In the future, more will be possible.

Meeting 79

Meeting Military Resource Reduction Cost Reduction 79

3PL Links

APRIL 29, 2024

It will be essential to prepare for and welcome them, particularly in the context of the difficult supply chain and procurement environments. Fulfilling sustainability demands : procurement specialists can lessen the supply chain’s environmental impact with the use of technology. However, technology alone is not sufficient.

Supply Chain Software 48

Supply Chain Software Supply Chains Optimal Sourcing Trends 48

Logistics Viewpoints

AUGUST 8, 2022

Emerge has an interesting new platform to deal with the problems shippers are having procuring truck capacity. It has spot procurement functionality that you would see in a transportation management system (TMS), and the request for proposal (RFP) functionality you would see in contract planning or procurement solutions.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 138