The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

Holds a Fellow of the Chartered Institute of Logistics and Transport and holds a Global MSc. In 2017 I also assumed responsibility for Field Services and in 2019 Data Excellence & Analytics embracing digital transformation driving our Tailored, Sustainable and Connected 4.0 Stuart is a British national, married with three children.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 151

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 151

Supply Chain Shaman

DECEMBER 12, 2024

Global supply chains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Compliance, sanctions, and tariffs loom.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Work with your broker to see if you can get priority on unloading the ship and inland transport. Hold your imports as long as possible before committing to final delivery.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 191

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 191

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Supply Chain Shaman

JUNE 21, 2023

Demand latency is the time cycle to translate a channel purchase to an order.) Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. Why Do We Believe Reactive Planning Processes Are Beneficial?

Gartner 379

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 379

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 174

Supply Chain Movement

JUNE 11, 2014

Today it operates in 67 countries with 143,000 employees and has 76 business units on six platforms that cover animal feed, food production, energy and transportation, financial services and pharmaceuticals. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Performance Evaluation.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

BlueYonder

JUNE 3, 2024

The results of that effort — including a 3-5% reduction in Bayer’s overall transportation spend — was the focus of two breakouts at ICON 2024. The team involved in the transformation includes Johnny Ivanyi, Global Head of Distribution Excellence at Bayer Crop Science and Vivek Chhaochharia, Digital Supply Chain Leader at EY US.

Supply Chain Software 120

Supply Chain Software DC Logistics Network Optimization Software Eliminating Excel in Purchasing 120

Logistics Bureau

JANUARY 21, 2025

If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. I asked Steven Thacker, one of our benchmarking management experts, to explain exactly what benchmarking is.

Benchmarking 40

Benchmarking Supply Chain Planning Supply Chain Strategy Agile and Lean Supply Chain 40

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. This enables reduction of carbon inefficiencies, minimized energy consumption, less waste with “recycle-reuse-refurbish” materials, and optimized travel and transportation. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Supply Chain Software 58

Supply Chain Software Optimal Sourcing Manufacturing Procurement Agile and Lean Supply Chain 58

Freightos

JULY 23, 2015

It’s no coincidence that Transport Intelligence just emailed me an invitation to The Future of Logistics conference. Download an Excel version of the list here for free ! An information Service providing ocean freight rates and transit times, useful for benchmarking by shippers and freight forwarders. Really hot.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Another option is to work in a warehouse, or in transport, or maybe in customer service where you are dealing with people all the time. Track KPIs and benchmark the supply chain’s performance.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

SCMDOJO

MARCH 19, 2024

Logistics Logistics involves managing the transportation and delivery of goods. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Logistics Manager Planning and coordinating transportation, distribution, and warehousing activities to ensure efficient product flow.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Unleashed

JULY 25, 2021

Food waste can be caused by inadequate processing, production waste, poor food handling, perishability factors, environmental events, loss during transport and harvesting, or because food simply doesn’t make it past the farm gates. Coffee waste is also an excellent substrate for mushroom cultivation. What is food waste management?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 65

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 65

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Whatever you want to call it, Price Analysis is an activity that is well worth conducting. Maybe Price Analysis’s time has returned!

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Arkieva

APRIL 21, 2016

The Discipline of Market Leaders, Basic Books, 1995) argues that in any sector, a company can be a market leader by excelling in 1 of 3 dimensions only. Either the company is a product leader, is a leader by operational excellence, or is a leader in customer intimacy. Operational Excellence Leader. Wiersema, F.,

Inventory Reduction 60

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 60

Tompkins Blog

APRIL 2, 2014

Benchmarking & Best Practices Consortiums. Webcast – “Supply Chain Control Towers: Separating Fact from Fiction” With the overwhelming complications faced by today’s supply chain managers, companies are searching for the best solutions to combat complexity and create supply chain excellence with the consumer-driven approach.

Demand Planning Software 40

Demand Planning Software Supply and Demand Supply Chain Design Software Network Design Software 40

Jaggaer

JUNE 18, 2019

It covers how Biogen is rethinking how it approaches supplier discovery and how granularly we understand, clean sheet, and cost model the items we’re buying. First, it helps your teams not only find cool ideas that can actually drive differentiated value for your business, it also allows you to change benchmarks and standards.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. At the very least, they should see a message indicating that the products are out of stock before they make the purchase.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

NC State SCRC

MARCH 9, 2016

As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka. They combined related functions such as purchasing, inventory control, receiving, and stores under the authority of one individual.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Zipline Logistics

FEBRUARY 9, 2021

As the business world further integrates advanced tech in the automated realm, logistics data will only become more important to CPG brands aiming to improve their transportation performance while reducing costs. It is critical to leverage transportation analytics to get the most out of your operation. Total Transportation Spend.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

The Logistics of Logistics

MAY 18, 2022

Every single business should be able to democratize an excellent delivery experience and provide it to their customers. These transporters came in and said, “We’ve got vehicles moving. You can automate them, you can build excellence, and you can continue innovating every month or every quarter. The cost is high.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software Optimization Software 130

Zipline Logistics

JANUARY 24, 2020

Despite its importance, many brands, irrespective of sophistication, have encountered issues with consistently meeting these benchmarks. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there. Align Production and Transportation Schedules.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

BlueYonder

AUGUST 28, 2017

Operational Excellence Delivers Profit Optimization. The disciplines of interest will include supply management, efficient order fulfillment, transportation and workforce. Transportation Optimization. Let’s look at these independently for critical capabilities and then revert to the holistic orchestration: Supply Management.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 40

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

JUNE 24, 2022

This has severely affected the smooth supply chain functioning across the globe due to the “panic buying” ripple effect. Lack of complete visibility into existing product portfolios due to unplanned events, plant shutdowns, or transportation problems makes this task even more convoluted. 3) DIVE INTO YOUR DATA. MAXIMISED DATA.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

The Logistics of Logistics

DECEMBER 31, 2021

Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. Walmart is a juggernaut when comes to sales and operational excellence. Walmart is the world’s largest company by revenue, with over $524 billion USD in 2020. Rick Watson.

Eliminating Excel in Purchasing 130

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 130