Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

GlobalTranz

AUGUST 11, 2021

The supply chain is evolving, and the standards used for managed logistics transportation services today are more data- and technology-driven than those of the past. Shippers should consider the following as indicators for when to add an outsourced managed logistics transportation services provider. This can be a confounding issue.

Logistics Network Optimization Software 294

Logistics Network Optimization Software Transportation Supply Chain Software Supply Chain Planning Software 294

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Managing transportation spend.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Talking Logistics

SEPTEMBER 3, 2014

When it comes to managing global supply chains, international transportation is where the rubber meets the road. But as many companies quickly find out, managing international transportation is very different from managing domestic transportation. Here’s what he said: It starts with sourcing.

Transportation 169

Transportation Company Supply Chain Visibility Risk Management 169

Logility

APRIL 20, 2022

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Developing Diverse, Resilient Sourcing Strateg ies. Companies need to model beyond their tier-one supplier network,” Balte continues.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Managing transportation spend.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Logistics Viewpoints

JANUARY 13, 2021

I recently completed my latest study on the transportation execution and visibility solutions market. Transportation execution allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Companies are partnering with data aggregators to get a better idea of when shipments will arrive.

Real-time Visibility 213

Real-time Visibility Transportation Optimal Sourcing Pharmaceutical 213

SCMDOJO

JULY 16, 2024

Transportation is a complex system, and even minor inefficiencies can have a ripple effect. Companies may purchase vehicles sized for peak periods, resulting in excess capacity during slow times [1]. The Environmental Impact: Challenge: Transportation is a major contributor to greenhouse gas emissions and air pollution.

Optimal Sourcing 97

Optimal Sourcing Procurement Solutions Supply Chain Design Software Research 97

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

EC Sourcing Group

APRIL 19, 2023

As consumers become more conscious of unethical supply chain practices and the impact of their purchasing decisions on local economies, companies are increasingly looking to local sourcing to support their communities and foster brand loyalty.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Sourcing Strategies Expense Reduction 52

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 61

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 61

Talking Logistics

DECEMBER 6, 2017

Below is an excerpt from a report published recently by Amber Road and the American Association of Exporters and Importers (AAEI) titled “ The Trade Trends Report: 2017 Report on Sourcing, Trade, and e-commerce.” Transportation costs ranked second, and labor costs ranked third.

Optimal Sourcing 150

Optimal Sourcing Research Sourcing Trends 150

Logistics Viewpoints

FEBRUARY 28, 2022

As an E2open forecasting benchmarking report pointed out, “for companies trying to predict demand in March of 2020 as the world was descending into lockdown and everything was being turned upside down, what happened in March of 2019 had little to no relevance.”. A company can go bankrupt, and a machine could be programmed to understand that.

Optimal Sourcing 300

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 300

Talking Logistics

APRIL 29, 2015

Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans?

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Logistics Viewpoints

OCTOBER 24, 2024

This is the largest area of investment for the company outside of ERP. SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. It is a brilliant tool.”

SAP 242

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 242

Talking Logistics

FEBRUARY 18, 2016

However, if your role is managing the movement of widgets from point A to point B, or multiple points, the freight procurement task before you can be labor intensive and time consuming — unless you use a technology solution specifically designed for transportation sourcing. Freight is unique. Data rules. Relationships matter.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Solutions Purchasing Skills Sourcing Strategies 100

Enterra Insights

APRIL 27, 2021

At the time, Bain & Company analysts observed, “Leaders must grapple with a longer-term question: How should we retool our supply chain to protect against shocks while staying competitive on cost and value? 3] Edward Segal, “ Blocked Suez Canal Is Latest Reminder Why Companies Need Crisis Plans ,” Forbes, 27 March 2021. [4]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

Logistics Viewpoints

JUNE 14, 2022

At Logistics Viewpoints, we have written about how companies are looking to reduce carbon emissions, especially when it comes to transportation. More and more global companies are pledging to make their supply chains and their operations net-zero or carbon neutral. A Meaningful Approach. billion miles every year.

Waste Reduction 241

Waste Reduction Expense Reduction Price Reduction Cost Reduction Strategies 241

Logistics Viewpoints

JANUARY 13, 2021

I recently completed my latest study on the transportation execution and visibility solutions market. Transportation execution allow shippers to connect to multiple carriers and then tender, track, and pay in the system. Companies are partnering with data aggregators to get a better idea of when shipments will arrive.

Real-time Visibility 153

Real-time Visibility Transportation Optimal Sourcing Pharmaceutical 153

Logistics Viewpoints

FEBRUARY 7, 2024

Now, more than ever, companies and countries are looking at their overall carbon footprint and trying to establish a path to be more environmentally friendly. And even looking at those companies that perform in the 75 th percentile, that number is not much higher. The third reason to address sustainability is to increase profitability.

Waste Reduction 294

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 294

Logistics Viewpoints

JUNE 7, 2021

When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. Pinnacle Propane was founded in 2010 through the acquisition of several retail propane companies in Central, South and West Texas. Pinnacle Propane Delivery to a Farm.

Forecasting 184

Forecasting Forecasting Software Modeling Optimal Sourcing 184

Arena Solutions

APRIL 16, 2024

Yook is an environmental services company that focuses on environmental impact assessments in the clean tech sector. The integration of Yook and Arena offers significant advantages for forward-thinking companies. Results in hand, they took a deep-dive approach into areas such as—how weight, scrap, and transport impacts C02 scores.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Network Software 112

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

BlueYonder

JUNE 25, 2024

Nucleus Research recently published its TMS Technology Value Matrix 2024 , which provides an overview of the current market for Transportation Management Systems (TMS), while also assessing the software providers in this space. Brennan cited Blue Yonder’s integrated platform approach to transportation management.

Supply Chain Planning Software 98

Supply Chain Planning Software Optimization Software Transportation Management Logistics Network Optimization Software 98

Logistics Viewpoints

DECEMBER 13, 2021

The law firm Crowell & Moring recently released a survey-based report that looked at how companies are navigating pressures to improve their environmental performance. The company surveyed 225 executives whose jobs included environmental, social, and governance issues. Afterall, investors only care about the bottom line, right?

Cost Reduction Strategies 209

Cost Reduction Strategies Optimal Sourcing Company Supply Chain Planning Software 209

ivalua

FEBRUARY 11, 2021

Everlane does this by showing the cost breakdown of the goods that it offers through its website and so you can see the costs of materials, labour and transport for it best selling court sneakers. How can large companies address sustainable Supply Chain strategies?

Material Savings 189

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 189

SCM Research

MARCH 24, 2024

It mandates that companies “should take appropriate steps to set up and carry out due diligence measures, with respect to their own operations, those of their subsidiaries, as well as their direct and indirect business partners throughout their chains of activities”. It does “not cover the disposal of the product”.

Sustainability 212

Sustainability Manufacturing Procurement Supply Chain Design Distribution 212

The Logistics of Logistics

NOVEMBER 15, 2023

Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supply chain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. Ryan Soskin and Joe Lynch discuss insight to action.

Optimal Sourcing 242

Optimal Sourcing Analytics Software Optimization Software Supply Chain Network Software 242

Supply Chain Game Changer

APRIL 28, 2020

Lockdowns have resulted in the temporary closure of Manufacturing and Distribution facilities and discontinuation of Logistics and transportation modes. What is Single Sourcing or Sole Sourcing? For clarity let’s define what these sourcing terms mean. No other companies provide that component or material.

Manufacturing Procurement 82

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 82

BR Williams Supply Chain Management

DECEMBER 14, 2021

FreightWaves Ratings names BR Williams the best trucking and transportation company in Alabama. BR Williams topped the list of the ten best trucking companies serving areas in and around Alabama. FreightWaves Ratings reviews come from professionals in the freight trucking and transportation industry as a community site.

Alabama 98

Alabama Company Third Party Logistics Logistics Network Optimization Software 98

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Our vision at TRAMES, is to reduce global trade barriers through digitalizing international freight and transportation. a) Across the various actors in any single transport chain. An average company would appoint anywhere between 3 to 50 Third Party Logistics Service Providers. What TRAMES Aims to Tackle. a) Digitized Partners.

Supply Chain Design Software 182

Supply Chain Design Software Optimization Software Supply Chain Network Software Optimal Sourcing 182

BlueYonder

JUNE 20, 2024

Blue Yonder has been named as a Leader in the inaugural IDC MarketScape: Worldwide Warehouse Management (WMS) 2024 Vendor Assessment (doc #US49948523, April 2024) and the inaugural IDC MarketScape: Worldwide Transportation Management Systems (TMS) Applications 2024 Vendor Assessment (IDC #US51982224, April 2024).

Supply Chain Design Software 109

Supply Chain Design Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 109

SCMDOJO

OCTOBER 30, 2024

Search engine optimizations is one of the best digital marketing hacks out there for your industry since it helps buyers hunting for a transportation and logistics company find you online – and you don’t have to pay for PPC advertising. Naturally, finding rapid solutions is in everyone’s best interest.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Optimal Sourcing Logistics Network Optimization Software 52

ProcurePort

JUNE 29, 2022

Today, supply chain and transportation costs amount to 60% to 70% of total sales, depending on the company and industry. • The post Types of Sourcing Strategies in Procurement appeared first on ProcurePort Blog. So, it’s advisable to put considerable time into designing a procurement strategy […].

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy Sourcing 52

Logistics Viewpoints

OCTOBER 15, 2015

Supply Chain professionals have a tremendous amount of demands and pressures to be aware of and transportation procurement is one of those pressures. There is a need, a growing need to drive better performance and outcomes from sourcing events. Let’s consider some constraints.

Optimal Sourcing 100

Optimal Sourcing Sourcing Strategies Procurement Price Mitigation Strategies 100

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52