Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of the things that makes supply chain management so complex and challenging is that there are so many dimensions to it. One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side.

[Video] Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of the things that makes supply chain management so complex and challenging is that there are so many dimensions to it. One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side.

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Cost Reduction Strategy through Supplier-Managed Inventory

SIPMM Professional Publications

Supplier-Managed Inventory (SMI) is the process whereby a supplier plans, manages and replenish inventory for a customer. Extensive information sharing is required so that supplier can maintain a high degree of visibility of its goods at the customer’s location. Instead of the customer reordering when its supply has been exhausted, the supplier is responsible for […].

Supplier-Managed Inventory for Central Kitchen Operation

SIPMM Professional Publications

Every successful food business operates with an effective inventory management system, which is the core of Supply Chain Excellence. Without an effective inventory management system, this can lead in over-ordering thus resulting in food wastage, or under-ordering resulting in unfulfilled customer requirements. The post Supplier-Managed Inventory for Central Kitchen Operation appeared first on SIPMM ACADEMY.

Basware Adds Diversity Data to Supplier Management Solution

Supply Chain Brain

Basware, a procure-to-pay and e-invoicing solution, has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base

Companies Are Wildly Overestimating Their ‘Digital Maturity’ in Supplier Management

Supply Chain Brain

When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are

Watch: Tackling Evolving Procurement Priorities

Supply Chain Brain

Supplier management might be the most important area that procurement leaders need to focus on in preparation for the next economic disruption, says Ryan Polk, director analyst, procurement advisory with Gartner

Inspectorio Announces New Tracking Platform to Prevent Supply Chain Delays and Improve On-Time Delivery Performance

Supply Chain Brain

a cloud-based AI-powered SaaS solution that helps brands, retailers, manufacturers and suppliers manage risk through digitalized quality and compliance programs, debuts Inspectorio Tracking Inspectorio Inc.,

Internet-of-Thing (IoT) Applications for Digital Procurement

SIPMM Professional Publications

Digital technologies will help procurement increase collaboration, analytics, and engagement using a spectrum of tools along the entire procurement value chain, from planning and sourcing to contract negotiations, order delivery, payment, and supplier management.

Connecting sustainability, supplier diversity and resilience — Medically Necessary

The Supply Chain Journal

But more often hospitals are going a step further, trying to create healthier communities by working with local suppliers and reducing pollution and greenhouse gas emissions. Hospital systems aim to make their communities healthier. Traditionally that means simply providing health care.

3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

The Lean approach is low cost, low risk, low hassle, and they manage the entire process with their account managers. These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers.

3PL 307

5 Ways Shippers And Suppliers Can Maintain A Great Relationship

Blue Grace Logistics

Companies have the right to receive the best service and the best price from their suppliers, and the relationship between shippers and suppliers is a key component to a successful partnership. The best way to establish fluid and useful communications channels with your suppliers.

REPOST: 3PL Basics: An Introduction to 3rd Party Logistics with Roberto Cadena

The Logistics of Logistics

The Lean approach is a low cost, low risk, low hassle, and they manage the entire process with their account managers. These firms facilitate the movement of parts and materials from suppliers to manufacturers and finished products from manufacturers to distributors and retailers.

3PL 195

Transportation vs Logistics with Marty Wadle

The Logistics of Logistics

Marty is the Chief Commercial Officer of Ruan Transportation , a transportation company providing Dedicated Contract Transportation, Managed Transportation, Value-added Warehousing, and Brokerage Support Services. Transportation vs Logistics with Marty Wadle.

What Makes a Truly Agile and Resilient Supply Chain?

Logistics Viewpoints

Adding sourcing, quality and supplier management enables supply chain technology providers to create an agile and resilient supply chain for their customers through the entire lifecycle of a product. This is where visibility to suppliers and new souring options becomes critical.

How electronics manufacturers can use ERP to address industry challenges

SYSPRO Smarter ERP

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Supplier management. Inventory management.

ERP 75

Reconfiguring the Automotive Post Pandemic Supply Chain

Logistics Trends and Insights

From a supply chain perspective, obtaining parts and other components will be tricky particularly from suppliers further down the supply chain. CEVA Logistics AG was appointed by General Motors, to manage its ventilator production supply chain.

How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

Cloud ERP offers the procurement solution for businesses to manage and automate every part of the procurement process , from supplier management, purchase requestions and purchase orders to sourcing and invoicing.

ERP 66

Five success factors for supply chain design

Logistics Business Magazine

Managers must therefore provide their teams with robust mechanisms and modern technologies to help them manage supply chain complexity.

Big data and inventory management

EazyStock

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Big data and the benefits to inventory managers.

How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Inventory management in the supply chain. Effective data management. AI in inventory management. Supplier management.

What is the difference between ERP, Supply Chain Management and CRM

SYSPRO Smarter ERP

This may include choosing software for managing the enterprise (an ERP system), for supply chain management (SCM) or for customer relationship management (CRM). Many also extend to inventory management, order management, procurement, and production.

ERP 77

SSI Schaefer publishes first Sustainability Report

Logistics Business Magazine

Responsible management by reducing impacts along the own value chain. Sustainability management as a strategic factor (process-oriented action area).

Customer Relationships as a Carrier

Trinity Logistics

Generally though, it’s difficult for a large shipper to work with a carrier that can’t commit at the drop of a hat to cover same-day freight, or drop trailers, comply with 90-180 day pay terms, or a host of any other regulatory or supplier management costs.

[WHITE PAPER] Data in the fast lane – managing automotive logistics amid component shortages

FreightWaves SONAR

Maybe that’s not exactly true – there are also issues related to the semiconductor shortage, such as record used vehicle prices, consumers buying early in order to get their desired vehicles, and vows to ditch just-in-time inventory management.

What Is Vendor Management

The Supply Chain Journal

ithin the supply chain network, management has a lot to monitor. One of the most critical processes is that of vendor procurement and vendor management. Yes, vendor management is part of supply chain risk management among business partners.

How To Manage Your Inbound Freight Shipments

GoShip Blog

Why is inbound shipment management important? Many companies decide to let vendors and suppliers manage inbound loads on their own. The first step to cut costs on inbound shipments is taking control over the freight management process.

Customer Relationships as a Carrier

Trinity Logistics

Generally though, it’s difficult for a large shipper to work with a carrier that can’t commit at the drop of a hat to cover same-day freight, or drop trailers, comply with 90-180 day pay terms, or a host of any other regulatory or supplier management costs.

Coronavirus Series – Inventory Management Challenges & Solutions

EazyStock

It’s already apparent that those supply chain management (SCM) teams that can adapt their operations and respond quickly to these issues will be one step ahead of their competition. It is critical to helping inventory management teams understand and manage demand and supply variables.

How to successfully implement just-in-case inventory management

EazyStock

In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. How to implement JIC inventory management with optimum stock levels.

Ethiopian Airlines buy Opticooler System from DoKaSch Temperature Solutions

Airfreight Logistics

Ethiopian Airlines recently signed a master agreement with the German ULD supplier. Managing Director for Ethiopian Cargo & Logistics Services, Fitsum Abady said “We are very glad to offer our customers a highly reliable packaging solution to transport temperature-sensitive shipments with DoKaSch’s Opticooler,” he further added “In this fast growing and strongly competitive market, it is important that we offer our customers the best packaging solution for their sensitive cargo.”.

Seko announces major expansion in Mexico

Automotive Logistics

The company will offer its OEM, tier one and other clients air freight, ocean logistics, ground transport, warehousing and distribution, customs and compliance within fully secured environments in Mexico, said Manuel Diaz, newly appointed managing director of Seko Logistics Mexico. The group’s services include manufacturing support, inbound supplier management, aftermarket parts replenishment and reverse logistics.

CEVA Logistics appointed by General Motors to Manage Ventilator Supply Chain

Airfreight Logistics

Department of Health and Human Services More than 600 of a total of 30,000 ventilators will be shipped this month CEVA Logistics has been appointed by General Motors as its 4PL to manage its entire ventilator production supply chain.

How to Conduct a ?Health Check? on Your Supply Chain

Supply Chain Brain

So it’s useful to have a means of determining just how healthy this amalgamation of relationships is, particularly as it relates to one’s supplier base. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain. Show notes : D&B’s perspective on supplier management. Global Trade Management Business Strategy Alignment Global Supply Chain Management Regulation and Compliance Supply Chain Security & Risk Mgmt

Seguin takes over global freight forwarding at UPS

Automotive Logistics

Romaine Seguin (pictured) has become president of Global Freight Forwarding at packaging delivery and supply chain management company, UPS. In the new role, which is based in Atlanta, Georgia, Seguin will oversee air, ocean, and rail freight forwarding, as well as brokerage and supplier management for the 220 countries and territories UPS serves around the world. .

Coronavirus Series Part 4 – Managing Supply Chain Disruption Caused by COVID-19

EazyStock

In our four-part blog series on Coronavirus and its impact on inventory management , so far we’ve looked at how to overcome COVID-19 demand forecasting challenges and improving inventory planning during the pandemic. Supplier Communication. Supplier Performance and Optimization.

Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

While the opportunities are numerous so are the challenges; in this fiercely competitive global marketplace success requires companies to pay closer attention to supplier relations. Global leaders should retain suppliers with vested interest in the long-term success of the company. To attain this level of trust with suppliers, companies should approach these relationships with the same care they use when approaching customers. Manage working capital.

Inventory Carrying Costs & How They Impact Profitability

EazyStock

Maintaining cost-effective inventory levels is critical for any manufacturer, wholesaler, supplier or retailer. Also in this category are the expenses related to inventory control and management. While inventory management software is obviously a cost to your business, if you have the right solution that is used correctly by your team, it should bring a good return on its investment.

What Is Vendor Compliance Program for Retail?

GoShip Blog

Specifically, more retailers are now developing and deploying vendor compliance programs for their suppliers to manage the business on pre-determined conditions. This way retailers secure themselves and enhance their vendor management.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. Ambient and/or temperature-controlled storage of supplier freight. Working with suppliers to plan smarter supply chain and reduce costs. Tracking and managing orders.

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