The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

The GCC chemical industry is second largest manufacturing industry in value add, after refining. 2017 Facts and Figures report by Gulf Petrochemicals and Chemicals Association (GPCA), the chemical industry accounts for 3.1 Following COVID-19 the global chemical supply chain market reported a severe decline in output.

Chemicals 113

Chemicals Saudi Arabia Cost Reduction Strategies Inventory Reduction 113

Talking Logistics

NOVEMBER 10, 2014

Herman Woltjes, Shell Chemicals – “Logistics Execution”. Specifically, the company deployed a Vendor Interaction Portal (VIP) powered by Elemica to exchange documents like purchase orders and invoices with suppliers (for direct procurement). Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”.

Optimal Sourcing 202

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 202

Logistics Viewpoints

JULY 22, 2021

From a supply perspective with the severely constrained transportation networks, port congestions, and stretched lead times, one needs to factor these into dynamically adjusting the supply assumptions. AI can be of significant help here in mining through the transactional and operational data and help correct these assumptions.

S&OP 290

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 290

Logistics Viewpoints

NOVEMBER 8, 2022

transportation, warehousing) or materials – direct, indirect, MRO (Maintenance, Repair, and Operations), goods for resale. Bundled offers (if you buy X, Y, and Z from me, I can offer a 10% discount or in case of transportation, grouping of backhaul lanes at a discount along with inbound lanes). The key to this lies with sourcing.

Optimal Sourcing 289

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 289

Logistics Viewpoints

MARCH 9, 2022

For example, retail has very specific needs depending on the products and the time for a slot to unload or load, while chemical companies have constraints such as what materials drivers can carry, what materials can be loaded or unloaded near other materials, and other regulations around the equipment that is used.

Optimal Sourcing 306

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Predictive Analytics Software 306

Supply Chain Shaman

APRIL 29, 2024

I still hold hope that SAP could get serious about supply chain planning, but I have given up on Oracle (with the exception of transportation management.)) For example, in the chemical industry don’t forget the importance of envelopes, material balances, reverse bill of materials, grades, etc. The reason? Avoid pitfalls.

Supply Chain Planning Software 404

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 404

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

The circular economy is a cost saver and generally has less carbon emissions, because raw materials are sourced locally and therefore with less transportation. In my compost example, I save on buying fertilizer (along with all the processing, packaging and transportation associated with it). Sure there is.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

Jaggaer

AUGUST 18, 2020

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. In fact, the European Fine Chemicals Group (EFCG) estimates that upward of 80% of chemicals used to make drugs sold in Europe now originate from China and India. .

Pharmaceutical 98

Pharmaceutical Manufacturing Procurement Procurement Company 98

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Time For Action. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. The health of all sectors is dependent on the chemical industry.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Time For Action. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

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

The Logistics & Supply Chain Management Society

MARCH 22, 2022

Quicker transports have, in turn, helped the expansion of international trade and globalization. Today about 90% of non-bulk cargo worldwide is transported by a container. The ship will alone reduce diesel-powered truck transport by around 40,000 journeys per year. Bunker fuel: CO2, black carbon and sulphur.

Expense Reduction 245

Expense Reduction Cost Reduction Strategies Shipping Resource Reduction 245

DELMIA Quintiq

JULY 16, 2014

We are seeing many developments in the chemical industry. At the Chemical Logistics Forum, held by the German Logistics Association (BVL) in the Höchst district of Frankfurt, participants got a first-hand look at current trends in the chemical logistics field. This helps to cut down on transportation time.

Optimal Sourcing 120

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 120

Supply Chain Shaman

MAY 14, 2013

Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” In parallel, when supply chain concepts are well-integrated into the design of trading partner relationships by both sales and procurement, there is an acceleration of value. Aligning metrics matters.

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 256

Supply Chain Shaman

OCTOBER 29, 2020

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

Talking Logistics

OCTOBER 27, 2016

Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050. Cost reductions sometimes go hand-in-hand with GHG reductions, but some measures could increase transport costs. Corporate Responsibility.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

Talking Logistics

JANUARY 8, 2018

The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt. Is the mode of transport the most efficient to impact on-time delivery?

Supply Chain 141

Supply Chain Logistics Network Optimization Software Real-time Visibility Sourcing Strategies 141

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

Material Handling & Logistics

SEPTEMBER 4, 2017

Interconnected global supply chains, heavy dependence on chemical products and the lack of sub-tier visibility are key factors affecting recovery timelines. Even if a supplier’s factory is not flooded, the infrastructure (power, water, transportation, etc.) needed to operate is not going to be there for weeks.”.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 97

The Logistics & Supply Chain Management Society

MARCH 21, 2023

When we as individuals are going to and from work, we experience physically, the emitting of greenhouse gasses by our transportation sector. What if technology came into the picture that allowed for far less moving about in fossil fuel burning transport? We can see the exhaust coming out of tailpipes from cars and trucks.

Cost Reduction Strategies 130

Cost Reduction Strategies Sourcing Strategies How To Manufacturing Procurement 130

Supply Chain Game Changer

SEPTEMBER 9, 2020

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. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

SYSPRO Smarter ERP

OCTOBER 11, 2021

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. In the chemical industry, certain chemicals can be dangerous if stored or transported close to each other. Variable end-products.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Supply Chain Game Changer

AUGUST 18, 2021

There are many carriers and shipping companies specializing in the transportation of different types of cargo in different vehicle types. The industry operation area circulates between the transportation and warehousing sectors. Such include commodities in the chemical, medical and pharmaceutical industries.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Buyer Training Manufacturing Procurement Pharmaceutical 98

Talking Logistics

DECEMBER 11, 2014

A similar race is on to expand beyond the usual set of industries — namely, Automotive, High Tech, Retail, and CPG — and establish a leading presence in historically underserved and underpenetrated vertical industries, such as Oil & Gas and Chemical. Big Data and Analytics for Oil and Gas Transportation.

Predictive Analytics Software 259

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 259

Talking Logistics

OCTOBER 12, 2018

Trimble Acquires Brazil-Based Veltec to Expand its Global Portfolio of Transportation Solutions. So if you can provide warehousing, transportation and/or material handling equipment to support disaster relief efforts, I encourage you to contact ALAN. Amazon Patents Drone Chute For Quiet Deliveries (CB Insights).

Logistics Network Optimization Software 129

Logistics Network Optimization Software Supply Chain Design Software Network Design Software Supply Chain Planning Software 129

Logility

SEPTEMBER 26, 2017

For more than a decade, I have implemented inventory optimization solutions for some of the world’s largest companies in industries ranging from life sciences to chemicals, from consumer goods to high-tech, and more. Advice: Consider potential trade-offs where costs versus lead times/reliabilities are optimally balanced.

Modeling 113

Modeling Supply Chain Planning Software Optimal Sourcing Supply and Demand 113

Talking Logistics

NOVEMBER 2, 2017

One can presume, based on the chemical composition of the cologne, that many of the ingredients originate from different countries. Additional participants in the network need to include logistics service providers across all modes of transportation and payment services, which all use different systems and require different criteria.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Predictive Analytics Software 120

Procurement Academy

MARCH 24, 2022

More broadly, we can expect disruption of logistics networks and increased transport costs. Cyber-attacks will likely increase on both sides of the “new iron curtain”, and there is an increased risk of chemical or nuclear contamination in the region. Almost every supply chain will be affected by shortages in one or more of these areas.

Ukraine 98

Ukraine Manufacturing Procurement Scenario Planning Supply Chain Planning 98

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Transplace delivered more than 50 customer solutions in 2012 using the CombineNet sourcing technology, in industries including consumer goods, chemicals, manufacturing, and retail.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 100

The Logistics of Logistics

JULY 7, 2019

I’m Tyler Hildebrand and I am an account executive at Reliable Transportation Solutions in Cincinnati, OH. As a freelance marketer, I often worked closely with clients in the transportation and logistics space, so I began to understand the business. Transitioned to transportation and logistics when a recommended me for an opportuniy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 100

Enterra Insights

DECEMBER 28, 2021

The Ellen MacArthur Foundation , a leading proponent of the circular economy, defines it this way: “The circular economy refers to an industrial economy that is restorative by intention; aims to rely on renewable energy; minimizes, tracks, and hopefully eliminates the use of toxic chemicals; and eradicates waste through careful design.”

Material Savings 130

Material Savings Waste Reduction Resource Reduction Cost Reduction Strategies 130

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Due to petrochemical producers cutting production following Covid-19, and a variety of storms and hurricanes, base chemicals are in short supply, leading to slower production at paint makers including Sherwin-Williams and PPG. Department of Transportation ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

MAY 5, 2017

The relationship between sales and procurement has always been a contentious one, and the idea of a friendship evolving between the two functions is laughable in the minds of many managers I’ve met with. Sales account managers accuse procurement of being purely price focused, and not recognizing the components of value.

Optimal Sourcing 40

Optimal Sourcing Material Savings Negotiating Skills Manufacturing Procurement 40

Enterra Insights

DECEMBER 21, 2022

The UBS editorial team notes: “ In the short term, a key factor negatively affecting food security is high energy prices, which are translating into higher production costs in areas like chemicals, fertilizer, and animal feeds. Finance school food and public procurement programs. ” What Can Be Done? Trade Levers.

Food 130

Food Security Optimization Software Optimal Sourcing 130

Supply Chain Shaman

AUGUST 3, 2016

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. This includes companies like BASF, Clorox, Eastman Chemical, J&J, Kimberly-Clark, Mondelez, Nestle, P&G, and Unilever.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

CH Robinson Transportfolio

SEPTEMBER 28, 2021

How many more truck drivers are needed to balance demand for truck transportation with the supply of capacity? My answer to this question for shippers procuring long-distance (outside of a given metropolitan area) dry van transportation, for both truckload and less than truckload (LTL), is that approximately 25,000 truck drivers are needed.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82