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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. The moves span inbound, intracompany, and outbound shipping.

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Walmart Lowers their Shipping Requirements, but their Suppliers Still Struggle

Logistics Viewpoints

Since September of 2020, 98% has been Walmart’s OTIF requirement. Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart. It is clearly not an easy problem to solve.

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

According to a report by Accenture, 83% of consumers prefer to buy from companies that are transparent about their supply chain practices, and 72% of consumers are willing to pay a premium for products that are ethically and sustainably sourced. Degree two: Remotely controlled ship with seafarers on board.

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Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

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Online Procurement System: Guide to Choosing the Right Tool

Precoro

According to the 2020 Forrester Consulting Thought Leadership Paper , 72% of business decision-makers agree that digital processing increases resilience. Procurement operations are no exception. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

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Pillars Supporting the Digital Path to Purchase

Enterra Insights

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. e-commerce activity was up more than 30% from the beginning of March through mid-April 2020, compared to the same period the previous year.”[1] … In the U.S.,