The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Fourth Step: Benchmark KPIs to understand limitations and discover opportunities.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 277

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. Speakers: Arnaud Malardé, Ivalua | Hélène Vermont, Michelin Group.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Throughout the conference I met with several software and hardware providers to get a glimpse into what they were showcasing.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 241

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. About Sarah Bertram Sarah Bertram is a Shipper Sales Manager at DAT.

Logistics Network Optimization Software 242

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 242

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. 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. What is Freight Benchmarking?

Benchmarking 70

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 70

Logistics Viewpoints

OCTOBER 4, 2024

In the same week, thousands of port workers initiated a strike, demanding better working conditions, and fair pay, and pushing back against automation technologies that threaten their livelihoods. Hurricanes and labor strikes are formidable disruptions to supply chains, exposing critical vulnerabilities.

South Carolina 238

South Carolina Logistics Network Optimization Software Supply Chain Planning Software Logistics 238

Logistics Viewpoints

FEBRUARY 14, 2024

However, it’s only early February 2024, and we already have several major disruptions impacting supply chains. This is an important time for the supply chain profession. Supply chains are in the news, on governments’ agendas, and in the spotlight. For more information on the research, click here.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

Logistics Viewpoints

MARCH 21, 2021

According to one survey , only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements. What should supply chain leaders be looking for to close the talent gap? AGCO Logistics Team Accepts Prestigious Supply Chain Award. We need people that are adaptable.

Supply Chain Design Software 274

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 274

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Logistics Viewpoints

AUGUST 13, 2024

Modular production and standardized modular automation were crucial first steps that have now been successfully applied. Modular automation has made digital twins into asset agents capable of exposing capabilities and executing demands for services using those capabilities. has been realized step by step.

Supply Chain Network Software 258

Supply Chain Network Software Industrial Industry Manufacturing Procurement 258

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Cycle times are critical in the supply chain.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

The Logistics of Logistics

JULY 27, 2022

Mark McEntire is the Senior Vice President of Operations at Emerge , a freight technology firm that is reinventing freight procurement. Transforming the $800 billion trucking industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform. Key Takeaways: The Secret Sauce.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Supply Chain Network Software Analytics Software Modeling Software 187

ThroughPut

AUGUST 8, 2024

Or two, your inventory management tools are falling short, despite the cost and effort you and your team put into setting them up and implementing them—failing to deliver the expected ROI. Many try to achieve this through spreadsheets or specialized tools, but mastering inventory control remains a formidable challenge.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Businesses can’t make meaningful progress on Scope 3 alone; they are ultimately reliant on the supply chain making the necessary steps.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

Proxima

AUGUST 24, 2023

Time is running out to start translating intention into action The Scope 3 Maturity Benchmark has shown us that businesses have good intentions but are struggling to make meaningful progress. Businesses can’t make meaningful progress on Scope 3 alone; they are ultimately reliant on the supply chain making the necessary steps.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

GlobalTranz

AUGUST 18, 2021

As logistics continues to grow more lucrative to the customer experience, 3PLs are playing an increasing role in the supply chain. That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

Exiger Perspectives

SEPTEMBER 19, 2024

Leading procurement and supply chain tech providers go head-to-head in data-driven fall 2024 vendor ranking WASHINGTON, DC. SolutionMap contains 500+ RFI requirements across 22 procurement solutions with mandatory demos and impartial, anonymized customer ratings. That’s what makes this dataset so powerful.

Supply Chain Risk Management 52

Supply Chain Risk Management Supply Chain Design Software Risk Management Supply Chain Software 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Here are my top take-aways from Coupa Inspire. That has recently changed.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 228

The Logistics of Logistics

DECEMBER 5, 2022

Brad serves as the Senior Director of Customer Strategy at Emerge , the leading freight procurement platform. Through thousands of shipper and carrier interactions revolving around successful freight tech implementation, Brad brings an incredibly valuable perspective to any shipper looking to introduce technology into their supply chain.

Supply Chain Network Software 212

Supply Chain Network Software Logistics Network Optimization Software Modeling Software Sourcing Strategies 212

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

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

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Supply Chain Network Software 250

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 250

Enterra Insights

JUNE 13, 2023

The staff at SupplyChainBrain notes, “A [2022] report from DispatchTrack, a specialist in last-mile delivery software, reveals that the majority of supply chain organizations surveyed in October and November — 77% — claim to be prioritizing sustainability or to have plans to prioritize it in the coming year.”[1]

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Strategy Supply Chain Software 130

GlobalTranz

SEPTEMBER 14, 2016

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Use External Benchmarking Tools.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

ToolsGroup

DECEMBER 17, 2020

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. Indeed, when customers contact us for planning support through our COVID-19 Action Center, they are usually grappling with similar supply chain disruptions–or disconnections. .

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ToolsGroup

JUNE 18, 2024

In our blog series on decision-centric planning, we’ve explored how this approach can unlock supply chain success, tackle real-world challenges, embrace change, address data latency and avoid silos. Clarity and Focus: Optimizing to a goal provides a clear direction for all supply chain decisions.

Optimal Sourcing 177

Optimal Sourcing Supply Chain Planning Software Price Mitigation Strategies Optimization Software 177

Supply Chain Game Changer

SEPTEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Enterra Insights

OCTOBER 26, 2023

Prior to the pandemic, efficiency was the primary focus of most supply chain operations. I’m not implying that efficiency no longer matters — it obviously does — but a disrupted supply chain can’t be efficient. Severe disruptions during the pandemic changed that focus to resiliency. Here’s the rub.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Bristlecone

JANUARY 11, 2021

Some say COVID-19 is changing the future of supply chain. And when compared to overall business impact, executives say their supply chain was more susceptible to disruption from COVID-19 than their workforce, systems or operations. Most supply chains simply weren’t built to handle disruption on any scale.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Supply Chain Design Software Procurement Solutions 52